New Android Malware BingoMod Targets Financial Data and Wipes Devices

Malware has long been a significant threat to online security, serving as a backdoor entry for cybercriminals. Despite Google’s efforts to keep the Play Store free of malicious apps and deliver timely Android security patches, some attackers manage to bypass these defenses, stealing money and personal information from unsuspecting victims. 

Recently, a new malware named BingoMod has been identified targeting Android devices, stealing financial data and wiping them clean.

BingoMod, discovered by researchers at cybersecurity firm Cleafy, uses a technique called smishing (SMS phishing) to infiltrate devices. This method involves sending a malware-laden link to the victim’s device, which, when clicked, installs the BingoMod app (version 1.5.1) disguised as a legitimate mobile security tool like AVG AntiVirus & Security. 

Once installed, the app requests access to device accessibility services, allowing it to steal login credentials, take screenshots, and intercept SMS messages. This information is then sent to the threat actor, providing near real-time access to the device’s functions.

BingoMod leverages Android’s media projection APIs, which handle screencasting requests, to gather displayed information and bypass security measures like two-factor authentication (2FA). The malware is currently targeting devices in Italy, stealing up to 15,000 Euros in each transaction. 

However, experts at Cleafy believe the malware could spread to

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