SpyNote Strikes: Android Spyware Targets Financial Establishments

 

Since at least October 2022, financial institutions have been targeted by a new version of Android malware called SpyNote, which combines spyware and banking trojan characteristics. 
“The reason behind this increase is that the developer of the spyware, who was previously selling it to other actors, made the source code public,” ThreatFabric said in a report shared with The Hacker News. “This has helped other actors [in] developing and distributing the spyware, often also targeting banking institutions.”
Deutsche Bank, HSBC U.K., Kotak Mahindra Bank, and Nubank are among the notable institutions impersonated by the malware. SpyNote (aka SpyMax) is feature-rich and comes with a slew of capabilities, including the ability to instal arbitrary apps, collect SMS messages, calls, videos, and audio recordings, track GPS locations, and even thwart attempts to uninstall the app. 
It also mimics the behaviour of other banking malware by requesting access to services to extract two-factor authentication (2FA) codes from Google Authenticator and record keystrokes to steal banking credentials.
SpyNote also includes features for stealing Facebook and Gmail passwords and capturing screen content via Android’s MediaProjection API.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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