Quick Heal states Android Malware focused on hacking 232 Banking apps

Quick Heal states Android Malware focused on hacking 232 Banking apps

Symantec's advice is, predictably, not to download apps from anywhere except the Google Play store and to use anti-malware protection on your Android device.

Which Indian Banking Apps Are Targeted?

A blog by Quick Heal Security Labs has brought to notice the existence of this malware named "Android.banker.A9480' that targets over 232 banking, cryptocurrency and e-commerce apps".

Banking apps of lenders including Axis Bank, HDFC Bank, ICICI Bank, IDBI Bank and Union Bank are among those vulnerable.

The malware also targets a multitude of apps from worldwide banks, cryptocurrency wallets, Amazon Shopping app, eBay and AirBnB among others. The app icon even resembles that of Flash Player as seen below.

Like most URLs, deep links direct to a specific piece of content.

The report notes that oce a user downloads the malicious app, they will be asked to activate administrative rights. It keeps checking for the installed apps on the victim's device and particularly looks for the listed 232 banking and cryptocurrency apps.

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When the user enters the information, it isn't actually providing it to Uber; the malware is using the fake interface to steal the login information from the victim.

"This case again demonstrates malware authors' neverending quest for finding new social engineering techniques to trick and steal from unwitting users", Venkatesan wrote.

If anyone of the targeted apps is found on the infected device, the malware will throw up a fake notification screen that leads the user to a login screen, both created to mimic the original app. Entered credentials are immediately sent to a remote server, and might be used for further crimes.

The malware is able to process commands like sending and collecting SMS, uploading the contact list and location, displaying fake notifications, gaining accessibility and Global Positioning System permission and much more. If the user tries to deny the request the app will keep throwing continuous pop-ups until admin rights are given.

Since the malware is able to intercept incoming and outgoing SMS from an infected smartphone, it can bypass the OTP based two-factor authentication on the user's bank account and can misuse the access.

In order to stay safe from this and other banking trojans, users should avoid downloading apps from third-party app stores or from links provided in texts or emails. They are similar as if it is the real banking app.

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