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March 12, 2016 06:00 pm

The Source of All Major Android Banking Trojans Just Got Updated To V2

An anonymous reader writes: Apparently, during the past months it has started coming to the surface the fact that most top-tier Android malware was actually related, coming from a common malware variant called GM Bot, and sold for only $5,000 on underground hacking forums. Taking advantage of his new found glory, the coder behind that malware has now released a second version, three times the price of the first, complete with 3 exploits that can guarantee root access on older versions of Android (which are plenty thanks to [ignorant] OEMs and carriers). Some of the malware that originated from GM Bot includes: SimpleLocker (first crypto-ransomware for Android), AceCard (considered the most sophisticated Android malware to date), Bankosy and SlemBunk (banking trojan and backdoor), and Mazar Bot (banking trojan, backdoor and ransomware). To make things worse, GM Bot v1's source code also got leaked online, making it available to any halfwit developer that wants a crack at a cybercrime career.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/W0wzOTZt76U/the-source-of-all-major-android-banking-trojans-just-got-updated-to-v2

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