According to the latest report of Cyber Security Company Zimperium, a new type of malware developed for devices using the Android operating system was identified. According to the findings of researchers, the software uses an innovative method to steal users’ identity information and control financial applications simultaneously.
Crypto Money Security
Zimperium, a cyber security company that conducts the research, says that the new software uses a virtualization -based complex technique, unlike traditional identity hunting methods. Malicious software first sets a main application and creates a virtualization infrastructure through this application. When the sacrifice starts the real finance or crypto asset application, it directs the user to a virtual environment without noticing. All operations in this virtual environment can be followed instantly by malicious software.
In the Zimperium research, this method expresses that hackers can access all personal entry information. This information includes sensitive data such as user name, password, device PIN. The data obtained lead to the attackers to fully seize the target user’s accounts.
Zimperium: “Instead of imitating software, bank or crypto asset applications, it uses virtualization infrastructure by establishing a harmful main application. Thus, each process and data input can be monitored and controlled in real time.”
Global Scale Targeted Applications
It is stated that the version of the software, which is a new version of the software and called “Godfather ,, is infected with devices through software or connections with optimation. This malicious software is currently targeting about 500 financial applications worldwide.
According to the report, large banks, investment instruments and popular payment practices in many different countries, including North America, Europe and Türkiye, are the focus of the attack. Almost all major national banks, leading investment and payment applications in the US are on the list. The most widely used banking practices in countries such as the United Kingdom, Canada, Germany, Spain, France and Italy are under threat.
Zimperium: “The focus of the attack has a wide space to cover the world’s major financial institutions. In addition to large banks in North America and Europe, leading financial practices in Türkiye (crypto exchanges, banks, swap platforms) are also on the list.”
Measures to be taken
Not only finance applications, but also popular applications such as crypto payment and e-commerce. In addition, crypto wallets and crypto currency shopping applications are also targeted by this malicious information is included in the report. Android users need to be extremely careful, as the purpose of the software is collected by sensitive user information through a wide range of application.
Experts emphasize the importance of using users only downloading applications from reliable and official stores and avoiding unknown connections. The lack of implementation of an implementation from a known source is among the measures to reduce security deficits. The attackers use very different techniques, for example, when you go to the X site to download a video, the Y ad opened on the new tab may actually direct you to download the virus. For this, it is useful to use the known antivirus applications on mobile devices.
Such attacks on a global scale show that users’ personal and financial information is open to danger. In particular, the increase in the use of advanced virtualization techniques for malicious purposes shows that cyber security strategies will become more important in the coming period. Conscious behavior of users and implementation providers to develop multi -layered security measures may play an important role in reducing risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
