A new version of the TGToxic banking trojan has emerged, capable of stealing passwords, funds from banking and finance apps, and crypto. The malware can be installed through a single malicious text message. Its creators have updated it to target European and Latin American banking apps, posing a threat to users in these regions.
The malware was first discovered in 2022 but has since evolved with new capabilities. It scans devices for saved passwords and waits for users to input credentials into their banking apps. The malware can also disguise itself as Google Chrome to avoid detection.
To stay safe from Android malware, disabling the “Allow from Unknown Sources” option in settings is recommended. Limiting app installations and being cautious of malicious text messages are also crucial steps in preventing infection. Most Android phones come with Google Play Protect pre-installed, which scans apps for viruses. Installing an antivirus app can provide extra protection.
Banking trojans are highly dangerous due to the sensitive data they can steal. By practicing good cybersecurity habits and taking necessary precautions, users can avoid having their phone infected.
Source: https://www.tomsguide.com/computing/malware-adware/this-android-banking-trojan-steals-passwords-to-take-over-your-accounts-and-all-it-takes-is-a-single-text-message