Worthy Bank Ltd., a mid-sized financial institution, prides itself on offering secure digital banking services to its customers. Recently, the bank…
CA Final · Advanced Auditing, Assurance and Professional Ethics · MTP · September 2025
Worthy Bank Ltd., a mid-sized financial institution, prides itself on offering secure digital banking services to its customers. Recently, the bank became a target of a sophisticated malware attack that exposed multiple vulnerabilities in its IT systems wherein the attackers leveraged to target employees' smartphones. This malware was introduced through phishing SMS (smishing) and the use of unsecured Wi-Fi, which prompted employees to click on malicious links. The malware exploited outdated operating systems on the devices to extract sensitive corporate information. In the given case, cyber-attack encountered by the company is known as:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
Mobile Malware
Topics: Digital Auditing & Assurance
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