Showing only posts tagged bank fraud. Show all posts.

Android malware can factory-reset phones after draining bank accounts

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Enlarge (credit: Getty Images) A banking-fraud trojan that has been targeting Android users for three years has been updated to create even more grief. Besides draining bank accounts, the trojan can now activate a kill switch that performs a factory reset and wipes infected devices clean. Brata was first …

Google Play apps downloaded 300,000 times stole bank credentials

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Enlarge (credit: Getty Images ) Researchers said they’ve discovered a batch of apps downloaded from Google Play more than 300,000 times before the apps were revealed to be banking trojans that surreptitiously siphoned user passwords and two-factor authentication codes, logged keystrokes, and took screenshots. The apps—posing as …