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A New Malware App is Targeting Mobile Banking and Payment Apps in US and Europe


The latest Android malware applications targeting mobile banking in Europe and the United States. The latest Android malware bugs targeted the 94 different applications of mobile banking and payment apps  including American Express, PayPal and Santander, according to the reports of different media.

A New Malware App is Targeting Mobile Banking and Payment Apps in US and Europe

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.

Comments

Edwine Nashasa said…
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