India is the 3rd most affected country by online banking malware

21st June 2014 | By Mouseworld Now Correspondent |

Trend-Micro-logoNew Delhi, June 21, 2014: India has made it to the top 3 most affected countries by online banking malware, according to the ‘Trend Micro Q1, 2014 Threat Round Up’ report. India slowly rose to the top 3 due to a spike in the number of online bankers in the country, which could be attributed to a vastly improved banking
industry.

“The number of online bankers in the India has improved the overall
industry but has resulted in significant rise in malicious activities. The
mobile banking transaction volume grew along with the number of online
money transfers-a-top-ranking secondary means of making inward remittances
in India in Q1, 2014,” said Dhanya Thakkar, Managing Director, Trend
Micro (India & SEA).

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