Cybercriminals strike again. A new Nexus Android banking Trojan is capable of targeting a staggering 450 different banking and financial apps, according to a shocking new report from Italian cybersecurity firm Cleafy.
This new threat reminds you that you always need to be vigilant and take proactive steps to protect against these malicious cyber attacks.
What does the new Nexus do?
The Nexus Trojan is designed to operate stealthily, evading detection and circumventing security measures. Once installed on your device, Trojans can intercept and steal sensitive data such as login credentials, credit card details, and other financial information. It can also intercept two-factor authentication codes sent via text, and even intercept codes from the Google Authenticator app.
The Nexus Trojan is designed to operate stealthily, evading detection and circumventing security measures. (Kurt Knudsen)
The banking Trojan is also able to wipe text messages received on infected devices, stop its 2-factor authentication stealing module, and periodically update itself by pinging command and control servers controlled by cybercriminals.
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How the Nexus Android Banking Trojan Spreads?
Threat intelligence firm Cyble reveals in a blog post The malware was distributed via a phishing page masquerading as a legitimate website called YouTube Vanced. Hackers are increasingly gaining access to this malware by using a malware-as-a-service model, which is basically hackers paying each other for access to more malware.
Hackers are increasingly gaining access to this malware by using a malware-as-a-service model, which is basically hackers paying each other for access to more malware. (Kurt Knudsen)
Once Nexus has gained access to these bank accounts, it can steal and steal from the victim’s bank accounts through an overlay attack, that is, placing a fake version of the app on top of the legitimate banking app. So when a victim tries to log into their bank account on the app, the overlay can capture their username and password. Nexus could also use a keylogger to steal any passwords a user might have entered or autofilled on the phone.
How can I stay away from this malware?
Install good antivirus software on all your devices
antivirus software will Protects you from accidentally clicking on malicious links and will remove all malware from your device.see my expert review Best Antivirus Protection for Your Windows, Mac, Android and iOS Devices By searching ‘the best Antivirus software on CyberGuy.com By clicking the magnifying glass icon at the top of my website.
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see my expert review Best Antivirus Protection for Your Windows, Mac, Android and iOS Devices By searching ‘the best Antivirus software on CyberGuy.com By clicking the magnifying glass icon at the top of my website. (Kurt Knudsen)
Be careful where you download apps
You should also remember to never download third-party apps through the official app. Third-party apps always run the risk of infecting your device with malware, so make sure you double check that every app you download is legitimate. Here are some of my tips to make sure the apps you download are legitimate and well-vetted:
Download from the official app store: Always download apps from official app stores like Google Play Store or Apple App Store. These app stores have security measures in place to ensure that the apps available for download are legitimate.
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Check app ratings and reviews: Before downloading an app, check its rating and read through the reviews. You’ll see me always include this when I talk about applications. This can give you an idea of the quality of the app and whether other users have encountered any issues.
Research Apps and Developers: Do some research on the app and its developer to see if they have a good reputation. Look for any red flags, such as bad reviews or reports of scams.
Check permissions: When installing an app, be aware of the permissions it requests. Be wary of apps that request more permissions than they need to run.
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By following these few tips, you can greatly reduce the risk of downloading malicious or low-quality apps and avoid any trouble later on.
Have you seen this new Nexus banking Trojan? Let us know below.
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