Security News > 2022 > March > Escobar mobile malware targets 190 banking and financial apps, steals 2FA codes

Escobar mobile malware targets 190 banking and financial apps, steals 2FA codes.

Mobile malware is becoming increasingly powerful against banking and financial applications, especially on Android operating systems.

Seeing the price for the beta version, one might expect customers of this malware to be experienced cybercriminals who trust their ability to monetize the malware quickly.

The previous version of the malware, dubbed Aberebot, first appeared mid-2021 and has already targeted more than 140 financial entities in 18 countries, showing that the development of this malware is active.

One particular aspect of this malware that makes it fearsome is that it also steals Google Authenticator codes, which opens new fraud possibilities for the attacker using the malware and makes it possible to bypass 2FA. Should the phone's user use SMS or Google Authenticator as a 2FA method, the attacker could bypass both.

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News URL

https://www.techrepublic.com/article/escobar-mobile-malware-targets-financial-apps/