New Android Banking Malware Targeting Mexican Users to Steal Financial Credentials

This article has been indexed from E Hacking News – Latest Hacker News and IT Security News

 

McAfee Mobile Malware Research Team has discovered an android banking malware targeting Mexican users by posing as a security banking tool or as a banking app designed to report an out-of-service ATM. 

In both scenarios, the banking malware depends on the sense of urgency to tempt targets to use the malicious app. If the target falls into a trap, this banking malware steals authentication factors crucial to accessing accounts on the targeted financial institutions in Mexico.

How does this malware spread?

Scammers use malicious phishing page that provides real banking security tips (copied from the original bank site) to lure potential victims into downloading a malicious app as a security tool or as an app to report out-of-service ATM. 

Researchers believe scammers are targeting android users by scam phone calls, a common methodology in Latin America. Fortunately, this malicious app has not been identified on Google Play yet, it can only be downloaded through a third-party website. 

Here’s how to prote

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