Quick Heal reports malware that targets 232 bank apps worldwide
06 January, 2018, 02:54 | Author: Manuel Hopkins
The researchers noted that the trojan hid behind a fake Flash Player app on third-party app stores and exploited the popularity of the Flash Player to infect millions of devices.
'Mobile malware such as the Android Trojan can mimic legitimate banking apps as well as notifications. However, this malware attacking the Uber Android app is a good reminder for the users to stay away from downloading apps from untrusted sources.
The report lists a number of targeted banking apps which, includes Axis Mobile, HDFC Bank MobileBanking, SBI Anywhere Personal, HDFC Bank MobileBanking LITE, iMobile by ICICI Bank, IDBI Bank GO Mobile+, Abhay by IDBI Bank, IDBI Bank GO Mobile, IDBI Bank mPassbook, Baroda mPassbook, Union Bank Mobile Banking and Union Bank Commercial Clients.
To cover up the credential theft, this malware uses deep links to Uber's legitimate app to display the user's current location - making it appear as though the user is accessing the Uber app instead of a malicious fake. Flash Player app is a popular target for cybercriminals.
Once the user has installed the app, the app prompts the user to activate administrative rights.
Once it identifies an app that it can target, it pushes a fake notification on behalf of the targeted banking app. It will then ask for login credentials masked as that banking application. Entered credentials are immediately sent to a remote server, and might be used for further crimes.
What makes the malware particularly unsafe is that even if the user denies permission or administrative right or tries to kill the process on the device, "it keeps throwing continuous pop-ups until the user activates the admin privilege", said Mane.
According to Symantec, the trojan horse has a spoof version of the Uber app which periodically pops up on the user's device until it tricks them into entering their Uber ID and password.
The malware is able to process commands like sending and collecting SMS, uploading the contact list and location, displaying fake notifications, gaining accessibility and Global Positioning System permission and much more. Hence it can get the OTP even though if we have kept two-factor authentication to our bank account. If the user tries to deny the request the app will keep throwing continuous pop-ups until admin rights are given.
Install a reliable security app on your device and updating them regularly.
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