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09/27/2023

Nasty malware can steal login credentials for 400 banks

Kim Komando

Malware can be used for many nefarious things. The scariest way it’s used is to steal banking information. Now, hackers are going straight for the financial reward, sidestepping the usual methods for data extraction.

Read on to see how Xenomorph malware goes after your banking details and what you can do about it.

Malware variant used to steal banking credentials

Xenomorph malware has been around for a few years, with hackers spending most of 2022 fine-tuning the code. Mainly used on small-scale targets, the malware failed to break into the virus market like others.

Cybersecurity researchers now believe that the initial version was only a test run, and the creators are ramping up its capabilities to be more devastating than before. ThreatFabric calls the latest version Xenomorph C and explains that the Android-based malware is a powerful banking Trojan.

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