Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Alerts

Face Scan Trojan Targets Banking

February 15, 2024
Reading Time: 3 mins read
in Alerts

The emergence of a sophisticated iOS and Android trojan, dubbed ‘GoldPickaxe,’ has alarmed cybersecurity experts due to its novel social engineering tactics. This malware, believed to be linked to the Chinese threat group ‘GoldFactory,’ employs a deceptive scheme, persuading victims to scan their faces and ID documents under false pretenses. Identified by Group-IB analysts, the trojan is part of a broader campaign initiated by GoldFactory, which includes other notorious strains like ‘GoldDigger’ and ‘GoldKefu.’ Despite initially targeting the Asia-Pacific region, particularly Thailand and Vietnam, the adaptable nature of GoldPickaxe’s techniques poses a global threat, potentially influencing future malware endeavors worldwide.

The distribution of GoldPickaxe began in October 2023, showcasing a sustained effort by threat actors to infiltrate mobile devices and exploit unsuspecting victims. Leveraging social engineering techniques, perpetrators reach out to targets through phishing or smishing messages, often impersonating local government authorities or services. These messages, tailored to appear legitimate, entice users to install fraudulent apps masquerading as essential services like a ‘Digital Pension’ app, distributed through deceptive websites mimicking Google Play. Even with the removal of the TestFlight app by Apple, attackers swiftly adapted, directing victims to install a malicious Mobile Device Management (MDM) profile, further illustrating their agility in circumventing security measures.

GoldPickaxe exhibits multifaceted capabilities upon installation, operating semi-autonomously to execute various malicious activities in the background. Apart from capturing victims’ faces and intercepting SMS, the trojan employs sophisticated techniques like ‘MicroSocks’ to proxy network traffic through infected devices. On iOS devices, it establishes a web socket channel to communicate with command and control (C2) servers, enabling remote control and data exfiltration. Meanwhile, the Android version demonstrates even more sinister functionalities, exploiting over 20 different bogus apps as cover to perform actions such as accessing SMS, navigating the filesystem, and downloading additional packages.

While Group-IB and Thai authorities suspect GoldPickaxe’s use of victims’ faces for bank fraud, it’s crucial to clarify that the malware does not compromise Face ID data or exploit OS vulnerabilities. Instead, it leverages social engineering to coerce users into providing facial scans, suggesting a potential avenue for unauthorized banking access through deepfakes. Despite this concerning prospect, biometric data stored in secure enclaves remains encrypted and isolated from running apps, underscoring the importance of robust security measures to mitigate the evolving threat landscape posed by sophisticated malware like GoldPickaxe.

Reference:
  • Face Off
Tags: AndroidAppleBanking TrojanCyber AlertCyber Alerts 2024Cyber RiskCyber threatFebruary 2024GoldDiggerGoldFactoryGoldPickaxeiOSMalware
ADVERTISEMENT

Related Posts

Fake Firms Push Malware on Crypto Users

Fake Sites Push Investment Scams

July 11, 2025
Fake Firms Push Malware on Crypto Users

Severe WordPress Flaw 200K Sites at Risk

July 11, 2025
Fake Firms Push Malware on Crypto Users

Fake Firms Push Malware on Crypto Users

July 11, 2025
Hackers Revive SEO Poisoning

Hackers Revive SEO Poisoning

July 10, 2025
Hackers Revive SEO Poisoning

RondoDox Botnet Exploits Router Flaws

July 10, 2025
Hackers Revive SEO Poisoning

ServiceNow Data Exposure via ACLs

July 10, 2025

Latest Alerts

Fake Sites Push Investment Scams

Fake Firms Push Malware on Crypto Users

Severe WordPress Flaw 200K Sites at Risk

RondoDox Botnet Exploits Router Flaws

ServiceNow Data Exposure via ACLs

Hackers Revive SEO Poisoning

Subscribe to our newsletter

    Latest Incidents

    Microsoft’s Outlook Long Outage

    Avantic Lab Affected By Ransomware

    $40M+ Stolen from GMX Crypto Platform

    Bitcoin Depot Breach Exposes Data

    McDonald’s AI Hiring Bot Exposes Data

    Nippon Steel Solutions Data Breach

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial