Dangerous Android banking malware looks to trick victims with fake money transfers


  • ToxicPanda can provoke cash transfers and even seize MFA codes
  • The banking trojan is concentrating on shoppers in Europe and Latin America
  • Greater than 1,500 units already compromised

A Chinese language hacker is concentrating on Android units in Europe and Latin America with a banking trojan capable of steal cash from sufferer’s accounts.

A brand new report from cybersecurity researchers Cleafy says the trojan, ToxicPanda, is kind of much like a chunk of older, recognized malware known as TgToxic, which was first noticed in 2023. The 2 have some similarities, though ToxicPanda may be described as a “lite” model, since many options appear to be stripped down, and a few had been left as easy placeholders.

Regardless of being lighter, ToxicPanda continues to be a succesful piece of malware. It may provoke cash switch, intercept one-time passwords (OTPs) generated each by way of SMS or authenticator apps, and manipulate consumer inputs. It may additionally steal delicate info from the compromised machine, and seize knowledge from different apps. Nevertheless, to do all that, the app must be given permission to entry Android’s accessibility companies, which is a typical crimson flag for Android-borne malware.

Years-long marketing campaign

In any case, the malware is normally hidden in pretend Chrome, Visa, or 99 Speedmart apps, most certainly distributed by way of third-party web sites, social media channels, and presumably phishing. The malicious apps can’t be discovered on official app repositories (Google Play Store, Samsung’s app retailer, or related), and the researchers nonetheless speculate on how the apps are being marketed throughout the online.

To this point, the menace actor appears to have contaminated greater than 1,500 Android units. The bulk is positioned in Italy (56.8%), and Portugal (18.7%), with different notable mentions being Hong Kong (4.6%), Spain (3.9%), and Peru (3.4%). The researchers found this info by accessing ToxicPanda’s command-and-control (C2) panel.

The protection mechanisms towards some of these assaults stays the identical – watch out to solely obtain apps from vetted sources.

Through The Hacker News

You may additionally like

Sensi Tech Hub
Logo