Subj : This new Android trojan is targeting all your mobile bank account
To   : All
From : TechnologyDaily
Date : Mon Mar 27 2023 17:15:03

This new Android trojan is targeting all your mobile bank accounts

Date:
Mon, 27 Mar 2023 16:08:34 +0000

Description:
Android banking trojan borrows code from a previous attack to get started, 
but promises to get more advanced.

FULL STORY
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Its not just legitimate companies looking to drive profitability through -aaS 
models, because this new MaaS (malware-as-a-service) subscription is offering 
cybercriminals the activity to rent access to a trojan that can steal your 
banking data. 

The botnet, named Nexus, was first made available on a forum in January 2023 
when it was described as a very new project which would be under continuous 
development - although it was available at a cost of $3,000 per month. 

However, Italian cybersecurity firm Cleafy now says that it has been around 
since June 2022, and shares some code similarities with an Android banking 
trojan that emerged in mid-2021. Android banking trojan 

As part of the MaaSs code of conduct, users are prohibited from using Nexus 
in Russia and other CIS states. The code indicates this, as it ignores 
Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, the Russian 
Federation, Tajikistan, Uzbekistan, Ukraine, and Indonesia. Read more 

 > These are the best ID theft protection tools around 


 > The FakeCalls Android banking scam is back 


 > This sneaky credit card stealer hides within payment processors to avoid 
security scans 

It works by stealing passwords from banking apps, and even those secured with 
two-factor authentication (2FA) arent necessarily safe because certain 
accessibility features that expose SMS and Google Authenticator codes for 
ease of use can be accessed by the trojan. 

Once Nexus is installed on an unsuspecting victims device, it connects to a 
C2 server and provides a C2 web panel for cybercriminals to carry out their 
attacks and receive stolen data. 

Despite its similarities to a previous trojan, researchers have concluded 
that this represents a new attack operated by a different group. This, 
combined with its infancy and threat of continuous development, make it one 
worth keeping an eye on, while online banking customers are urged to ensure 
that their accounts remain protected by multiple layers. Here are the best 
endpoint protection tools and best firewalls



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Link to news story:
https://www.techradar.com/news/this-new-android-trojan-is-targeting-all-your-m
obile-bank-accounts


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