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Hits hit Android user accounts because new harmful programs become a “global threat”: report

Fraud prevention, Fabric threat, says that new bank harmful programs are threatening to avoid discovery and steal personal data more effectively.

Security researchers in Threatfabric He says Crocodilus, a new and developed strain of malware targeting mobile banking applications and encryption portfolios on Android phones.

“Crocodilus enters the scene not as a simple cloning, but as a fully threat from the beginning, equipped with modern technologies such as remote control, black screen overlap, and make advanced data by recording access.”

Threatfabric says Crocodilus has been showing a great threat since it was first discovered harmful programs in March.

It is worth noting that its campaigns are no longer confined to the regional level. Mesim programs have extended to new geographical areas, which confirms their move to a really global threat. “

One of the disturbing developments that was discovered in Crocodilus is its ability to infiltrate the user’s list of contacts and add itself to it, bypassing the fraud discovery programs that the callers do not suspend in the user’s contacts.

“Crocodiles explains an uncommon level of maturity in the newly discovered threats. It has already been observed targeting banks in Spain, Turkey and the popular cryptocurrency portfolios, crocodiles are clearly designed to receive high -value assets.

The rise of new threats, such as crocodiles, shows that the basic signature methods based on signature are no longer sufficient-especially in the early stages when harmful programs begin first to spread. To survive, financial institutions must adopt a safety approach that includes a comprehensive analysis of devices and behavior -based risk analysis on their customers’ devices. “

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