December 20, 2016

Mobile banking trojan now has encryption and is targeting over 2000 apps

Kaspersky Lab claims that a mobile phone Trojan has gone truly international - with it being translated into 77 languages - and works by demanding admin control of the phone.

The app has gone international, with 77 different languages, is this the future of malware?

Security experts at Kaspersky Lab have discovered a modification of the mobile banking Trojan, Faketoken, which can encrypt user data. Kaspersky Lab has detected several thousand Faketoken installation packages capable of encrypting data, the earliest of which dates back to July 2016.  

Disguised as various programs and games, including Adobe Flash Player, the modified Trojan can also steal credentials from more than 2000 Android financial applications