How you can avoid having your bank account wiped out by an Android banking Trojan

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How you can avoid having your bank account wiped out by an Android banking Trojan
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The Godfather banking Trojan tricks users into giving away the login information to their banking apps. Here's what you can do to stop it from happening to you.

), the Godfather Banking Trojan has targeted over 400 banking and cryptocurrency apps in 16 countries. Between June 2021 and October 2022 when the Godfather banking Trojan was active, half of the targeted apps were banking apps while others attacked included cryptocurrency wallets and exchanges. 49 of the targets were American companies, 31 were Turkish and 30 were located in Spain. Financial service companies in Canada, France, Germany, the U.K., Italy, and Poland were also affected.

Group-IB says that the banking Trojan is being distributed via"decoy applications" listed on Google Play. As of October 2022, 215 international banks, 94 cryptocurrency and 110 crypto exchange platforms have been victimized by Godfather in the United States, Turkey, Spain, Canada, Germany, France, and the U.K.

Interestingly, Godfather seems to back down from infecting phones that list a language spoken in a post-Soviet country as a preference. Those countries include Russia, Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Uzbekistan, and Tajikistan. That leads Group-IB to believe that the developers of the Trojan speak Russian. The Trojan has also been known to record the victim's screen, send fake text messages from an infected device, and more.

One malicious app that was hosted in the Google Play Store linked to the Godfather banking Trojan is Currency Converter Plus. It has been discovered from samples of the Godfather Trojan that when the malware is open, a fake version of Google Protect appears with animation that makes the victim think that the app is being scanned when in reality, nothing is happening. And making matters worse, the app's icon hides and can't be seen in the list of a phone's installed apps.

Group-IB also suggests that you do not sideload and install apps from third-party Android app storefronts even thoughcannot guarantee that every app is safe. The cybersecurity firm also suggests that you look at the permissions each app is asking for. If the permissions a specific app requests seem out of place, such as a request by a news app to use your microphone or camera , perhaps you should not install it. Also, do not click on links sent to you in text messages.Disable network access.

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