Cyber attackers have released an advanced malware that silently infects users’ mobile devices without their awareness, takes control and drains their bank accounts.
Octo2 Virus
Security researchers at Threat Fabric stated that Octo2 is an advanced mobile malware that captures user banking information as it is typed on the screen, allowing hackers to send unauthorized transactions.
This malicious code is distributed through fake Google Chrome and NordVPN applications. After users download the software, the code is hidden on the device, undetected by security applications.
Early Examples and Distribution Areas
Similar malware versions in the past have spread around the world. Security researchers stated that the same situation was expected for Octo2 and that the first detected samples were found in Italy, Poland, Moldova and Hungary.
In the statement made by Threat Fabric, the following statements were made:
“The emergence of this Octo2 virus represents a significant evolution of mobile malware, especially in the context of bank security. “This variant’s ability to invisibly carry out on-device fraud and capture sensitive data, combined with its ease of customization by different threat actors, increases risks for mobile banking users worldwide.”
Cyber security experts recommend that users make sure that the applications they install on their phones are from reliable sources and avoid fake applications. Additionally, keeping anti-virus software up to date was also emphasized as an important precaution.
It was stated that since the malware hides their movements, users should regularly check their bank accounts and immediately share suspicious transactions with the bank.
Octo2 malware poses a serious threat to mobile banking users. Users’ caution and taking security precautions can help prevent such attacks. In addition, security companies’ efforts to detect and block such malware continue.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
