Crocodilus Malware Has Been Draining Crypto Wallets on Android

Android users beware: A newly discovered piece of malware is targeting smartphone crypto wallets.

Uncovered by fraud prevention firm ThreatFabric, the “Crocodilus” mobile banking trojan employs tools including remote control, black screen overlays, and advanced data harvesting through accessibility logging to trick crypto holders into handing over their wallet seed phrase.

The malware “is masquerading as crypto-related apps and involves specific social engineering techniques to make victims reveal the secrets stored inside cryptocurrency wallet applications,” Aleksandar Eremin, head of mobile threat intelligence at ThreatFabric, told Decrypt. He added that it’s pointing to the “specific interest of the actors behind it in…

Source link