A new research report shows Australia is the fourth most targeted company in the world for mobile banking app malware.

Richard Melick, a director at Threat Reporting Zimperium, a mobile security company based in Colorado, said 34 of the nation’s banking apps under attack from malicious backdoor programs known as trojans.

"It's an interesting element of a mixture of a lack of consumer protection from your telcos, protecting you as a phone user from the way that this malware is often spread, like spam messages you receive in texts," he told Liam Bartlett on 6PR Morning

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