Android Phishing Trojan Cleans Out Your Bank Account

From our friends at KnowBe4 comes an alert about a really nasty pieceĀ of malware which goes after Android phone users and targeted smartphone banking apps.

It works by inserting a fake login screen over the actual login screen in the app. When you log in you’ve actually just given the cyber criminals full access to your account and they promptly transfer all funds to an overseas account.

Android devices get infected by either installing an app outside of the Google Play Store (called a sideload), or by downloading a ‘Required Flash Update’ needed to view video – usually at an adult site.

So for your smartphone – iPhone or Android – follow these tips:

  1. Don’t sideload
  2. Don’t click on text messages you don’t recognize or expect
  3. Keep your device updated – both the OS and apps you use
  4. Don’t surf adult and inappropriate sites. Risk of infection is very high

If you’re concerned about malware and ransomware threats at your business or organization, check out our FREE download: Ransomware Prevention Checklist for Your Business

Everyone stay safe out there!