Global security firm Kaspersky has discovered a new malware strain called GriffithRAT, posing a serious threat to the fintech sector.
GriffithRAT is actively targeting fintech companies, online trading platforms, and betting services in countries like the UAE, Egypt, Türkiye, and South Africa.
The malware spreads through messaging platforms, installs covertly, and grants hackers remote access to steal data, including login credentials, keystrokes, and screenshots.
Experts urge businesses in the financial industry to enhance cybersecurity measures, including refraining from downloading unsolicited files, updating antivirus software, and educating employees on cyber threats.