SlowMist Security Alert: Android banking Trojan "Crocodilus" attacks encrypted users

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On June 4th, SlowMist released a security alert that the Android banking Trojan "Crocodilus" has recently upgraded to launch attacks targeting global cryptocurrency users and banking applications, with the main threats including:

Spreading through false browser updates in Facebook ads;

Using overlay attacks to steal login credentials;

Extracting seed phrases and private keys from crypto wallets;

Injecting fake "bank support" numbers into contact lists;

Malware-as-a-Service: available for rent (100-300 USD per attack).

Users are reminded to avoid unknown app updates and ad links.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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