While mobile banking has been progressively on the rise in recent years, usage has increased during the COVID-19 pandemic. With the benefits of mobile banking comes risk by cybercriminals exploiting consumers new to these methods of banking. The Federal Bureau of Investigation has issued Public Service Announcement I-061020-PSA(opens new window) highlighting methods of cyber-attacks on mobile banking as well as a few protection tips. Additional information associated with security protections for privacy and mobile device applications are available on the Department of Homeland Security Cybersecurity and Infrastructure Security Agency’s Security Tip (ST19-003)(opens new window).