RiskIQ reveals new bankbot targeting crypto users

Friday 23 March 2018 00:42 CET | News

A new bankbot network preying on cryptocurrency customers has been revealed by RiskIQ’s quarterly report.

In November 2017, RiskIQ researchers found a mobile app that was trying to pass itself off as a cryptocurrency market price app. This app was found to be part of the bankbot family of mobile Trojans and would monitor the device that installed it for a list of target apps. If the app were launched while the Trojan was installed, the Trojan would put an overlay over the legitimate app and collect sensitive information, such as login credentials from the banking customer. 

The report documents the return of familiar threats such as brand imitation, phishing, and malware, and found that malicious mobile apps were on the decline in Q4 of 2017 largely due to a decrease in the inventory of AndroidAPKDescargar.

The Google Play store again led the way with the most blacklisted apps, but Q4’s analysis confirmed that feral apps—apps available for download outside of a store on the web—fell in popularity for the first time in several quarters. RiskIQ analysed 120 mobile app stores and more than 2 billion daily scanned resources in its Q4 mobile threat landscape report.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: cryptocurrency, BankBot, malware, phishing, Bitcoin, study, mobile app, App Store
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies