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EventBot, a new Android malware threat for banking apps and e-wallets

Thursday 30 April 2020 14:17 CET | News

Cybereason, a US-based cybersecurity company, has discovered a new form of Android malware that targets banking apps and cryptocurrency wallets.

The malware, called EventBot, resembles a legitimate Android app and abuses Android’s in-built accessibility features to obtain deep access to the device’s operating system, according to techcrunch.com.

Once installed, either by an unsuspecting user or by a malicious person with access to a victim’s phone, the EventBot-infected fake app siphons off passwords for more than 200 banking and cryptocurrency apps, including PayPal, Coinbase, CapitalOne and HSBC, and intercepts two-factor authentication text message codes.

With a victim’s password and two-factor code, the hackers can break into bank accounts, apps and wallets, and steal a victim’s funds.


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Keywords: EventBot, Android malware, banking apps, ewallets, cryptocurrency wallets, Cybereason, cybersecurity, Android app, PayPal, Coinbase, CapitalOne, HSBC
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions