Morning Tick
  • Latest News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Fintech
    • Altcoins
  • Market Analysis
  • Resources
  • Contact
    • About Us
    • Press Toolkit
Facebook Twitter Instagram
Morning Tick
  • Latest News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Fintech
    • Altcoins
  • Market Analysis
  • Resources
  • Contact
    • About Us
    • Press Toolkit
Facebook Twitter Instagram
Morning Tick
Android

New Ghimob malware attacks financial institutions and crypto exchanges

Manas PimpalkhareBy Manas PimpalkharePublished November 10, 2020 on November 10, 2020
ghimob malware
Share
Reddit Facebook Twitter LinkedIn Pinterest WhatsApp Email

Security researchers recently announced the arrival of a new Android-based malware called Ghimob. According to researchers at Kaspersky, Ghimob has been developed by the same tribe which created the Astaroth/Guildama malware. 

Characteristically, Ghimob can steal credentials from target systems using spyware techniques. The malware is distributed in email phishing scams, where users have to click on a malicious attachment to enable Ghimob. Clicking that link distributes Ghimob to the target computer using a RAT trojan.

The malware then creates fake pop-ups, which ask the user to install certain apps. After this, hackers gain access to the target device remotely because Ghimob has stolen the safety credentials. 

The malware is also distributed using malicious websites for popular apps. In this case, if a user tries to install an app by downloading it from its website, the malware enters the system through the downloaded file. It then begins to ask for permission in the infected system.

Once the user allows Ghimob to view the ‘Accessibility’ option, the malware gains permission to spy on the target. The malware will then open unnecessary login windows for apps, which will steal the user’s credentials. Ghimob can open fake login windows for 153 apps.

A few of the apps that Ghimob can use as spyware are also cryptocurrency exchange apps. Hacking a device using the ruse of a crypto exchange app gives the malware access to crypto accounts, which the hackers use to initiate illegal payments. Reportedly, 9 apps are international payment systems. 

The banks in Brazil were the first ones to face Ghimob attacks. However, the malware then spread to other countries in Latin America, as well as parts of Europe and Africa. The banking apps in specific countries were targeted. 

Android Malware Security
Disclaimer
Read More Read Less
The information provided on this website shouldn’t be considered as investment, tax, legal, or trading advice. Morning Tick is not an investment advisory platform, nor do we intend to be. The publication, its’s management team, or authored-by-line doesn’t seem liable for your personal financial losses, which may be due to your panic decisions based on the content we published. We strongly recommend considering our stories as just a piece of information, unlike advice, recommendations, or requests. Some of the contents may get outdated, updated, or inaccurate despite our profound editorial policies. We urge readers to do their due diligence before making any investments decision with ongoing IDOs, ICOs, IEOs, or any other kind of financial offerings. Few outbound links may be commissioned or affiliated, which helps us grow financially and maintain healthy editorial norms. For more information, visit disclaimer page.
Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
Previous ArticleReport: 69% Brits have cybersecurity concerns
Next Article Crypto Exchange tokenBetter under investigation from Chinese police
Manas Pimpalkhare
  • Twitter

Aspiring Tech Journalist, Lawyer-to-be, has a keen interest in cybercrime and disruptive tech like AI, 5G, and crypto.

Recommended Posts

15 Best KLWP themes for Android you must try in 2021

February 28, 2021

Bitcoiner alerts ‘overconfident HODLers’ after losing 2.6 BTC

January 11, 2021

The 10 Biggest Data Breaches that grabbed attention in 2020

December 24, 2020

Adware is the new Malware that everyone needs to know

November 25, 2020
Add A Comment

Comments are closed.

Latest

Introducing Lucky Mystery Box, Crypto lottery based on TRON with a prize pool of 1M USDT

3 months ago

GlobalDots joins forces with Coralogix to save companies 40-70% on full-stack observability costs, launching a debut CDN log management solution

4 months ago

KX.finance announces upcoming DeFi/DEX aggregator launch on APTOS/SUI blockchain

6 months ago

HyperBC Group unveils Zero interest Crypto Credit Card HyperCard, obtains Lithuanian Financial License

6 months ago

Unplugged launches its mobile App Suite to help consumers reclaim their privacy

6 months ago
Morning Tick
Facebook Twitter Instagram Pinterest RSS
  • About Us
  • Press Toolkit
  • Disclaimer
  • Contact Us
  • Privacy Policy
  • Sitemap
© 2023 Morning Tick. Disclaimer: The information provided on this website shouldn't be considered as investment, tax, legal, or trading advice.

Type above and press Enter to search. Press Esc to cancel.