Android Users Beware of Xenomorph, It Steals Your Banking Details, Crypto Wallets

Just like we always say that Android operating system is vulnerable to malwares, and it is always necessary to take precautions to avoid being a victim of hacks.

A new malware has been discovered by CSIRT that steals users banking app login credentials on Android devices called “Xenomorph”.

Xenomorph malicious software has been found to target 56 financial institutions from Europe, with high impact and high vulnerability rate. “Xenomorph Malware also target Cryptocurrency wallets and general-purpose applications like emailing services.

The main intent of this malware is to steal credentials, combined with the use of SMS and Notification interception to log-in and use potential 2-factor authentication tokens.

How it Spread

Xenomorph is propagated by an application that was slipped into Google Play store and masquerading as a legitimate application called “Fast Cleaner” ostensibly meant to clear junk, increase device speed and optimize battery. In reality, this app is only a means by which the Xenomorph Trojan could be propagated easily and efficiently.

To avoid early detection or being denied access to the PlayStore, “Fast Cleaner” was disseminated before the malware was placed on the remote server, making it hard for Google to determine that such an app is being used for malicious actions.

How it Operate on Victims Phones

Once up and running on a victim’s device, Xenomorph can harvest device information and Short Messaging Service (SMS), intercept notifications and new SMS messages, perform overlay attacks, and prevent users from uninstalling it. The threat also asks for Accessibility Services privileges, which allow it to grant itself further permissions.

The CSIRT said the malware also steals victims’ banking credentials by overlaying fake login pages on top of legitimate ones. Considering that it can also intercept messages and notifications, it allows its operators to bypass SMS-based two-factor authentication and log into the victims’ accounts without alerting them.

“The Fast Cleaner app has now been removed from the Play Store but not before it garnered 50,000+ downloads,” the CSIRT security advisory asserted.

The post Android Users Beware of Xenomorph, It Steals Your Banking Details, Crypto Wallets appeared first on Wealth Creation.

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