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Complete Story
01/16/2020
Android Banking Trojans: History, Types, Modus Operandi
The State of Security
One sunny morning, my breakfast was interrupted by a phone call from a friend who is an entrepreneur engaged in the transportation of various goods. He said that $11,000 disappeared from his bank account during the night. The bank support service could not help. They advised my friend to report this incident to the police. The money transfers were made using the mobile application and confirmed via SMS. Everything looked like completely legal financial transactions.
“You work in security,” my friend moaned into the receiver, “please advise what to do.” Unfortunately, it was already too late to do something. Cybercriminals used a banking trojan as a tool to steal money. Rogue software penetrated my friend’s phone long before the incident. You may prevent the loss of money only by studying the principles of work and the methods of dealing with this type of malicious application.
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