Side-loaded malware has been an epidemic in SE Asia, and there are MILLIONS of dollars stolen (mostly from pensioners!) via side-loaded malware disguised as gambling apps - the local population is particularly suspectible to gambling, especially the older generations that are not so tech-savvy.
It's good they decided to do something about it.
Banking apps in Malaysia are required to include malware detection software [0]. Companies should have better fraud and trust teams to identity and block fraud activities.
The rest of the world shouldn't suffer because a handful of banking companies refuse to offer basic fraud protections for their users.
[0] - https://www.abm.org.my/press-releases/banks-to-enable-malwar...