New malware for Android can empty your bank accounts in secret - Android Authority
Cybersecurity researchers have identified an upgraded version of the RedHook malware targeting Android devices to steal banking credentials. The malware uses social engineering and accessibility permissions to gain full control over a victim's phone.
Why it matters
This threat highlights the growing sophistication of mobile banking fraud and the risks associated with granting excessive permissions to untrusted apps.
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0 • Follow us on Google Discover Add us as preferred source TL;DR Researchers have discovered a new malware that gains deep access to your phone and obtains high-level permissions via wireless ADB to empty your bank accounts. This is an enhanced version of the RedHook remote access trojan spotted last year, but with multiple anti-detection functions. Though this malware was originally targeted at victims in Vietnam, it has since shown signs of expanding to other parts of Southeast Asia, including Indonesia.
Wireless ADB (Android Debug Bridge) is one of those tools that makes life a little easier for developers and enthusiasts alike. On the other hand, some of these tools continue to be exploited by malicious actors to facilitate mass financial scams on unsuspecting victims. An extensive report now discloses one such malware.
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