Fortinet, a company which produces and markets cyber security software was first to discover the virus that represents as a Flash Player application. The malware in question gains the full administrative rights of an Android phone when you press the activation button of the android malware during installation. The malware then runs in the background and waits until the owner opens the applications of mobile banking and payment.
The bug affects Android smartphones in Europe and the United States.
According to media reports, the malware also targets social media applications such as Facebook, LinkedIn, Twitter and Snapchat. The Trojan can also intercept SMS messages.
