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It's the first known instance of malware that abuses the UIA framework and has enabled dozens of attacks against banks and crypto exchanges in Brazil.
The Android malware is targeting Turkish financial institutions, completely taking over legitimate banking and crypto apps by creating an isolated virtualized environment on a device.
At least 17 affiliate groups have used the "DroidBot" Android banking Trojan against 77 financial services companies across Europe, with more to come, researchers warn.
"Nexus" is the latest in a vast and growing array of Trojans targeting mobile banking and cryptocurrency applications.