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Trend Micro Research, News and Perspectives 2 years, 10 months ago

Stealthy Android Malware MMRat Carries Out Bank Fraud Via Fake App Stores

The Trend Micro Mobile Application Reputation Service (MARS) team discovered a new, fully undetected Android banking trojan, dubbed MMRat, that has been targeting mobile users in Southeast Asia since late June 2023.

Five malicious dropper Android apps with over 130,000 cumulative installations have been discovered on the Google Play Store distributing banking trojans like SharkBot and Vultur, which are capable of stealing financial data and performing on-device fraud

An analysis of the mobile threat landscape in 2022 shows that Spain and Turkey are the most targeted countries for malware campaigns, even as a mix of new and existing banking trojans are increasingly targeting Android devices to conduct on-device fraud (ODF)