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If the user clicks on the “Install” button, they are offered to download the APK, which is the first sign of the scam. Google Play Store apps are installed through the store interface, never asking the user to download and install programs manually. Researchers at Cyble analyzed the malware, finding that upon execution, it attempts to open the real Itaú app from the actual Play Store.
An Android banking virus aimed against Ita Unibanco, a prominent Brazilian financial services firm with 55 million customers worldwide, has used a unique approach to propagate to devices. To deceive users into thinking they are installing the programme from a trustworthy site, the actors have created a page that appears quite similar to Android’s official Google Play app store. The trojan poses as Ita Unibanco’s official banking software and uses the same icon as the original version.
As such, only the user has the chance to spot the signs of abuse and stop the malware before it gets a chance to perform destructive actions on the device. These signs come in the form of the app requesting permission to perform gestures, retrieve window content, and observe user actions. The websites used to distribute the malicious APKs have been reported and taken offline for now, but the actors may return through different domains Use the real banking apps. If you want to enjoy the convenience of mobile e-banking, make sure to install the app from the bank’s official website or the Google Play Store.
If that succeeds, it uses the actual app to perform fraudulent transactions by changing the user’s input fields. The app doesn’t request any dangerous permissions during installation, thus avoiding raising suspicious or risking detection from AV tools. Instead, it aims to leverage the Accessibility Service, which is all that’s needed by mobile malware to bypass all security on Android systems. As a recent report by Security Research Labs explains, we are dealing with an Android malware Accessibility abuse pandemic right now, and Google is yet to plug the targeted weak spot.
Moreover, apply updates on the app as soon as they become available and use an AV tool from a reputable vendor. To ensure maximum account security, use a strong password and enable multi-factor authentication on the app. If you need to install APKs from outside the store, carefully scrutinize their permissions requests during and after installation. Finally, regularly check and ensure that Google Play Protect is enabled on your Android device.