Trojan news and trends

Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

February 07, 2023
New Android Malware Can Steal Money From PayPal
Security & Fraud // December 12, 2018

An Android Trojan virus has been discovered that has the ability to steal money from PayPal. According to We Live Security, the malware, which is hiding as a battery optimization tool distributed via third-party app stores, “combines the capabilities of a remotely controlled banking Trojan with a...

Kaspersky Lab Finds New Version Of Faketoken Aimed At Ride Hailing Customers
Security & Fraud // August 18, 2017

Kaspersky Lab announced Thursday (Aug. 17) it has discovered a new modification of the Faketoken Android Trojan, a mobile banking Trojan that can steal credentials from popular ride hailing applications. In a news release, a researcher announced that based on the results of Kaspersky Lab’s...

Malware Hits Businesses Under Guise Of PowerPoint Presentation
B2B Payments // June 06, 2017

Another round of malware is hitting corporate computers, media in the U.K. said Monday (June 5), with attackers disguising the malicious attack as a Microsoft PowerPoint presentation. Reports in International Business Times said the files are being sent as “order&prsn.ppsx” or “order.ppsx” or “invoice.ppsx” as an...

Faketoken Mobile Banking Trojan Threat Evolves
Security & Fraud // December 20, 2016

Kaspersky Lab announced that the mobile banking Trojan known as Faketoken has now modified to include a data encryption capability. The Trojan is estimated to be attacking more than 2,000 financial applications across the globe. “We have managed to detect several thousand Faketoken installation packages...

Interviews & Exclusives
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

February 07, 2023
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in to their mobile banking app. When this happens, apps default […]

Quick Reads
New Android Malware Can Steal Money From PayPal

December 12, 2018
An Android Trojan virus has been discovered that has the ability to steal money from PayPal. According to We Live Security, the malware, which is hiding as a battery optimization tool distributed via third-party app stores, “combines the capabilities of a remotely controlled banking Trojan with a novel misuse of Android Accessibility services to target users of […]

Kaspersky Lab Finds New Version Of Faketoken Aimed At Ride Hailing Customers

August 18, 2017
Kaspersky Lab announced Thursday (Aug. 17) it has discovered a new modification of the Faketoken Android Trojan, a mobile banking Trojan that can steal credentials from popular ride hailing applications....

Malware Attacks Experience Drastic Upswing In 2016

July 20, 2016
Despite efforts by companies and security professionals to protect the nation’s computer systems, incidents of malware attacks are on the upswing, coming at a rate that is close to four times...

‘Double-Headed Beast’ Banking Malware Is On The Prowl

April 18, 2016
A hybrid Trojan malware is on the loose and has been used in attacks against more than 24 different U.S. and Canadian banks. IBM X-Force Research uncovered the new threat,...