Banking Trojan

Definition ∞ A banking trojan is malicious software designed to compromise financial accounts. It typically targets online banking credentials and other sensitive information from affected devices. This software often masquerades as legitimate applications or files, deceiving users into installing it. Once installed, it operates covertly to intercept data or manipulate transactions.
Context ∞ The persistence of banking trojans presents a significant security challenge within the digital finance sector, including cryptocurrency exchanges and related platforms. News reports frequently detail new variants and attack vectors, underscoring the continuous need for robust cybersecurity measures and user vigilance. Protecting digital assets necessitates an awareness of such threats and adherence to security best practices.