DIGITAL LIFE

A new malware that targets banking apps has hit Android devices. Names MysteryBot, the malware packs a banking trojan, keylogger, and ransomware, making it more harmful than any other known recent malware. The malware is similar to LokiBot, which wreaked havoc last year by turning to ransomware when attempted to remove.MysterBot targets devices running on Android 7 or 8. According to ThreatFabric, who first published a blog post, reported that MysteryBot and LokiBot Android banker are "Both running on the same C & C server." What makes the malware lethal is its exceptional capabilities to take complete control over users' devices. Besides having generic Android banking trojan functionalities, MysteryBot exhibits extraordinary overlay, keylogging, and ransomware functionalities. The malware works on a new overlay technique that exploits a service permission known as PACKAGE USAGE STATS, which allows it to gain access to other permissions without user's consente.



However, MysteryBot is still under development and has not spread yet, which is a relief. It is recommended not to install Android apps from other sources except the Google Play Store to keep your device safe. ThreatFabric added, "most Android banking Trojans seem to be distributed via smishing / phishing & side-loading."
Amnol Sachdeva
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