BankBot Returns On Play Store – A Never Ending Android Malware Story

Haythem Elmir
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Even after so many efforts by Google for making its Play Store away from malware, shady apps somehow managed to fool its anti-malware protections and infect people with malicious software.

A team of researchers from several security firms has uncovered two new malware campaigns targeting Google Play Store users, of which one spreads a new version of BankBot, a persistent family of banking Trojan that imitates real banking applications in efforts to steal users’ login details.

BankBot has been designed to display fake overlays on legitimate bank apps from major banks around the world, including Citibank, WellsFargo, Chase, and DiBa, to steal sensitive information, including logins and credit card details.

With its primary purpose of displaying fake overlays, BankBot has the ability to perform a broad range of tasks, such as sending and intercepting SMS messages, making calls, tracking infected devices, and stealing contacts.

Google removed at least four previous versions of this banking trojan from its official Android app store platform earlier this year, but BankBot apps always made their ways to Play Store, targeting victims from major banks around the world.

The second campaign spotted by researchers not only spreads the same BankBot trojan as the first campaign but also Mazar and Red Alert. This campaign has been described in detail on ESET blog.

According to an analysis performed by the mobile threat intelligence team at Avast in collaboration with ESET and SfyLabs, the latest variant of BankBot has been hiding in Android apps that pose as supposedly trustworthy, innocent-looking flashlight apps.First spotted by the researchers on 13 October, the malicious BankBot apps uses special techniques to circumvent Google’s automated detection checks, such as starting malicious activities 2 hours after the user gave device admin rights to the app and publishing the apps under different developer names.

After tricking victims into downloading them, the malicious apps check for the applications that are installed on the infected device against a hard-coded, list of 160 mobile apps.

According to the researchers, this list includes apps from Wells Fargo and Chase in the U.S., Credit Agricole in France, Santander in Spain, Commerzbank in Germany and many other financial institutions from around the world.
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