Then, once the victim launches a banking app, a fake login screen appears over the top of the legitimate app, leaving the screen locked until the victim submits their banking credentials. If so, it receives fake login screens for each banking app from its command & control server. After that, the malware checks if any target banking applications are installed on the device. After being downloaded and installed, the app requests Device administrator rights, to protect itself from being easily uninstalled from the device. The Trojan spreads as an imitation of Flash Player application. “This allows SMS-based two-factor authentication of fraudulent transactions to be bypassed, without raising the suspicions of the device’s owner,” explains Lukáš Štefanko, ESET Malware Researcher who specializes in Android malware. They can even get the malware to send them all of the SMS text messages received by the infected device, and remove these. Using the stolen credentials, the thieves can then log in to the victim’s account remotely and transfer money out. The malware, detected by ESET security systems as Android/, presents victims with a fake version of the login screen of their banking application and locks the screen until they enter their username and password. Android Trojan Targets Customers of 20 Major BanksĮSET experts warn of Android banking malware that can steal credentials – and even bypass two-factor authentication.ĮSET researchers have discovered a strain of Android malware that can steal the login credentials of mobile banking users.
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