Are there cyber attacks on mobile banking and e-commerce sites in 2020?

Details about cyber attacks 

The biggest cyber attacks in the new year will be on mobile banking and e-commerce, according to a leading company making cybersecurity software. The company claims that in the new year, applications working on investment in the stock market, financial data processing systems being put online and cryptocurrency will also be under attack, which is a matter of great concern.

According to Kaspersky, the company that released this report, in the year 2019, there was a lot of help in understanding financial cyber-attacks. Based on this, future threats are estimated. Finance tech companies are constantly battling these threats and finding out how to avoid such attacks, but when such attacks are made naturally, then most of the company is not very much aware of it and as a result, Their personal data is sold on some other company or on the dark web, so that the attackers benefit, but they cause a lot of damage to the company. Whose data is sold by hackers?

Most mobile apps are not even taking proper steps for security. In such a situation, due to the leaking of the source code of the mobile banking app, the data of common users can be used in crime and they can be financially harmed. These attacks will be like the Gius and Spy attacks in the past.

Access to the bank's network can be sold

According to the report, such groups will work in Africa, Eastern Europe, and some countries of Asia, which can gain access to the network of banks and sell them to criminals. These will be aimed at small financial institutions and companies bought by small banks and recently by large industry groups.

Online payment, medical records are also on target

Apart from this, major attacks will also be on the online payment process. Because of this, thousands of companies may face a crisis. At the same time, as various hospitals have started keeping their patients' data online, their cyber theft can also increase.