A Global Threat To Financial Applications And Digital Assets

Global Targeting: Hackers are targeting over 400 financial applications worldwide, including traditional banks, fintech apps, and crypto exchanges.

Albiriox Malware: The malware used in these attacks is called Albiriox, a highly sophisticated remote-access trojan (RAT) designed to take full control of an infected device.

Financial Platforms Targeted: Albiriox targets a broad spectrum of financial platforms, including payment processors, mobile wallets, and trading platforms.

Compromising Mainstream and Crypto Users: The wide reach of Albiriox signals a deliberate effort to compromise both mainstream financial users and those holding digital assets.

Fake Apps and SMS Links: The malware spreads through fake apps that pretend to be real ones, often hosted on fake Google Play pages, which are accessed via SMS links.

Permission-Based Installation: To install the malware, users must allow permissions, which then drops the virus onto their device.

Bypassing Security Measures: Albiriox allows attackers to bypass biometric checks, two-factor authentication, and other fraud-detection safeguards by behaving like the legitimate user.

Significant Shift in Mobile Cybercrime: Cleafy concludes that Albiriox represents

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Hackers are now targeting more than 400 financial applications worldwide, deploying a new strain of Android malware in a push to drain accounts.

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