Android Malware Stops Users From Calling Their Bank, Canceling Illegal Payments
Security Update : The most recent version of the Android.Fakebank.B mobile banking trojan comes with a mechanism that blocks outgoing calls to a series of numbers associated with a bank’s customer support center.
This version was first detected in March 2016, and Symantec, the company that picked it up, says it only goes after customers of Russian and South Korean banks, the countries it historically targeted in the past.
The malware’s mode of operation is quite simple, and somewhat genius, to be honest. At its core, Android.Fakebank.B is a banking trojan.
This threat steals login credentials for your mobile banking apps, which it then sends to the crooks’ server. They then move to initiating several illicit transactions.
If by any chance the user detects these rogue transfers in his account and picks up the phone to call his bank, the malware will… (read more)