New “Red Alert” Android Banking Trojan Emerges

A recently discovered Android banking Trojan features a bot and command and control panel fully written from scratch, SfyLabs has discovered.

Dubbed Red Alert 2.0, the malware has been designed and distributed over the past several months by a new threat actor, the researchers say. The threat features new code but its capabilities are similar to those of other Android banking Trojans, such as the use of overlays to steal login credentials, or the ability to intercept SMS messages and steal users’ contacts.

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