Red Alert 2.0: New Android Banking Trojan for Sale on Hacking Forums

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 September 18, 2017  by: 

The Recent discoveries of dangerous variants of the Android banking Trojan families, including FaketokenSvpeng, and BankBot, present a significant threat to online users who may have their login credentials and valuable personal data stolen.

Security researchers from SfyLabs have now discovered a new Android banking Trojan that is being rented on many dark websites for $500 per month, SfyLabs’ researcher Han Sahin told The Hacker News.

Dubbed Red Alert 2.0, the Android banking malware has been fully written from scratch, unlike other banking trojans, such as BankBot and ExoBot, which were evolved from the leaked source code of older trojans.

The Red Alert banking malware has been distributed via many online hacking forums since last few months, and its creators have continuously been updating the malware to add new functionalities in an effort to make it a dangerous threat to potential victims.

MORE: http://thehackernews.com/2017/09/android-banking-trojan.html

 

 

 

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