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Home Alerts

New Android Malware Targets Finnish Banks

May 3, 2024
Reading Time: 3 mins read
in Alerts
New Android Malware Targets Finnish Banks

Finnish cybersecurity researchers at Traficom have issued a warning about a new Android malware targeting banking details. This malware is spread through fraudulent SMS messages that trick users into calling spoofed service numbers. Victims are then instructed to download malicious “McAfee” antivirus apps from provided links. This malware grants criminals full access to the device, allowing them to steal online banking credentials and funds. Notably, this threat does not affect iPhones.

Traficom advises users to be vigilant and delete any suspicious messages immediately. It is crucial to avoid downloading apps from unofficial sources and never disclose personal or banking information over the phone. Legitimate banks and authorities will never ask for such details. If users suspect their device is infected, they should contact their bank immediately and file a police report to minimize financial losses.

To mitigate the impact of this malware, Traficom recommends resetting infected devices to factory settings and restoring from a backup made before the malware installation. If restoring from a backup is not possible, users should seek assistance from their device’s seller. Additionally, changing passwords for all accounts accessed through the infected device is essential to prevent unauthorized access.

This incident underscores the importance of cybersecurity awareness and proactive measures. Users are encouraged to stay informed about potential threats and follow best practices to protect their devices and personal information. By remaining cautious and taking swift action when necessary, individuals can safeguard their online banking details and minimize the risk of falling victim to such malicious attacks.

Reference:
  • Finland Alerts Users to New Android Malware Stealing Banking Credentials

Tags: AndroidCyber AlertCyber Alerts 2024Cyber RiskCyber threatMay 2024Traficom
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