iBanking malware steps up its game

iBanking malware steps up its game

Highlighting the increasing mobile malware threat, it has been found by security researchers that Russian cyber criminals are employing the iBanking Android Trojan. The malware is considered to be of commercial standard, and among the more expensive underground pieces.

GFF, responsible for the  creation of iBanking, is selling access to the destructive software for close to £3,000, as reported by researchers from Symantec in a blog post.

iBanking, which made its first appearance last summer, began as a basic SMS stealer, but is now a more complex Android Trojan, says Symantec. It employs social engineering in a bid to manipulate people into downloading it onto mobile devices. It is then able to obtain banking passwords that have been sent by SMS.

The researchers said that iBanking is able to be configured in such a way that it appears to be official software coming from a number of social networks and banks.

They warned that the malware creators are still adding to its premium package, now capable of stealing phone location and ID data, and receiving voice calls and text messages.

GFF has claimed that a version compatible with Blackberry is being developed, although it is yet to go on sale, according to Symantec.

It is important for businesses as well as individuals to be aware of mobile security threats, as any customer data that is passed through mobile devices must be kept secure. They may well need to post information security jobs in order to have the in-house skills necessary to combat such threats.

Our accreditations & Partners

  • REC Member
  • VTC - Virtual Technology Cluster
  • Bloom Nepro
  • YPO
  • Crown Commerical Service
  • Disability Confident
  • ISO 9001
  • Armed Force Covenant
  • Cyber Essentials Plus
  • ISO 27001

Thanks

Success

Thanks

Success

Thank you for signing up to the acumin alerts.

Send CV

Send us your CV and have our recruiters match you to the ideal opportunities

Do you already have an account with us?

Log in

Want to have an account with us?

Register

Want to just send us your CV?

Upload only doc, docx, odt, pdf format file.

By submitting your registration and CV to us you are agreeing to join our database and to be contacted about relevant jobs industry communications. Please read our terms of business for more information.

Password reset

If you need a reminder for your password, fill out the field below

Log in

Access your account to edit your contact details, job alerts or to upload a new CV

Thank you

Success

Thank you for successfully uploading your CV.

Acumin Alerts

Success

Thanks for registering for Acumin alerts.

Acumin Alerts

Unfortunately your CV could not be uploaded

Please make sure your CV is one of the following file types: doc, docx, odt, pdf, rtf

Acumin Spam

Unfortunately your submission has been declared spam. Please try again.

Vacancy

Success

Thank you for submitting your vacancy.

Register

Create an account to register your contact details, sign up for job alerts and upload your CV

Success

Thanks for registering for Acumin alerts. To get the most out of Acumin's service why not register with us?

Upload only doc, docx, odt, pdf format file.
- Practitioner
- Commercial

I agree to the terms and conditions and to be contacted by recruiters:

I agree to receive marketing communications relevant to my job search:

I agree to receive Jobs By Email for the following professions:
- Business Continuity Management
- Counter Fraud
- Cyber Security
- Executive Management
- Governance & Compliance
- Information Security & Risk Management
- Penetration Testing & Digital Forensics
- Sales and Marketing
- Sales Engineering
- Security Management
- Technical Security
- Information/Risk Assurance
- Identity Management
- Application Security
- Security Architecture
- Dev/Sec Ops
- DV & SC Cleared Jobs
- Programme & Project Management
- CISO/CSO

Submit a Vacancy

Use the form below to submit a vacancy