Unless you have been living in a cave, you are probably aware that some mobile devices are relatively safe from malicious software while others are well known for the ‘viruses’ they attract. Case in point is the Android mobile device. Sjouwerman, (2016) alerts us to another problem and writes “New evil android phishing trojans empty your bank account.” Bisson, (2016) also notes the problem and writes “Android trojan intercepts SMS messages to raid bank accounts.”
It seems that those with malicious intent have now found another way to empty your bank account via your mobile device. There are actually two pieces of malware, ‘Slembunk’ and ‘Marcher’ that are the newest culprits. They enter your mobile device when you visit a sketchy website and download an app that appeals to you. (You have been warned time and again not to do that.) The malware comes along with your download and begins monitoring your keystrokes and watches for specific banking credentials/information that you enter into your phone. Hackers then cleverly take that information, and the next time you check your account, its empty.
The two lessons to be learned here are 1) Never, ever, never use your mobile device for banking purposes. If you do you might as well just open your wallet and toss your money out the window. 2) Do not download from sketchy sites no matter the temptation. People tend to think ‘Well it can’t happen to me’, but it can and far too often does. Think about the funds you have in your banking accounts…can you really afford risking it?
So play it safe….browse only safe sites, and don’t use your mobile device….you know…the unsafe ones…for banking.
Learn more about protecting mobile devices at the National Cybersecurity Institute.
Bisson, D. (2016). Android trojan intercepts SMS messages to raid bank accounts. Retrieved from the Internet at https://www.grahamcluley.com/2016/03/android-trojan-intercepts-sms-messages-bank-accounts/
Sjouwerman, S. (2016). New evil android phishing trojans empty your bank account. Retrieved from the Internet at https://blog.knowbe4.com/new-evil-android-phishing-trojans-empty-your-bank-account