Android malware targets South Korean online banking customers

[InfoSec News <alerts () infosecnews org>]

http://www.networkworld.com/article/2401481/android-malware-targets-south-korean-online-banking-customers.html

By Jeremy Kirk
IDG News Service
June 26, 2014

Malicious software that swaps itself for legitimate online banking 
applications is striking users in South Korea, with thousands of devices 
infected in the last week, according to a Chinese mobile security company.

Cheetah Mobile, formerly known as Kingsoft Internet Security Software, 
wrote that the banking malware masquerades as a popular game or tool on 
third-party Android application markets.

Google checks Android applications in its Play store for malicious 
behavior, but third-party marketplaces are often rife with malicious 
applications. Security experts advise caution when using such sources for 
applications.

If the malicious application is installed, it scans for the official 
applications of South Korean banks including Nong Hyup, Shinhan, Kookmin, 
Woori, Hana, Busan and the Korean Federation of Community Credit 
Cooperatives, Cheetah Mobile wrote.

[...]



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