Security News > 2023 > November > FjordPhantom Android malware uses virtualization to evade detection

A new Android malware named FjordPhantom has been discovered using virtualization to run malicious code in a container and evade detection.
The malware was discovered by Promon, whose analysts report that it currently spreads via emails, SMS, and messaging apps targeting banking apps in Indonesia, Thailand, Vietnam, Singapore, and Malaysia.
Upon launch, the malware installs the APK of the banking app the user intended to download and executes malicious code within the same container, making it part of the trusted process.
With the banking app running inside its virtual container, FjordPhantom can inject its code to hook key APIs that enable it to capture credentials, manipulate transactions, intercept sensitive information, etc.
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