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Nasty Mobile Banking Trojan Gets Ransomware Features, Starts Targeting U.S. Users

June 13, 2014

Nasty Mobile Banking Trojan Gets Ransomware Features, Starts Targeting U.S. Users

PCWorld, By Lucian Constantin

An Android Trojan program originally designed to steal mobile banking credentials from Russian users was recently retrofitted with ransomware functionality and has started infecting users in the U.S., using photos of its victims to intimidate them into paying a fictitious FBI fine.

Known as Svpeng, the Trojan program was first detected almost a year ago targeting customers of Russia’s three largest banks, according to security researchers from antivirus vendor Kaspersky Lab. Its initial variants detected when users opened the targeted mobile banking apps and displayed a fake login screen to capture log-in credentials. A similar technique was used to collect credit card details when users opened Google Play.

“At the beginning of 2014, we detected a new modification of Svpeng with ransomware capabilities,” said Roman Unuchek, a senior malware analyst at Kaspersky Lab, in a blog post Wednesday. “When instructed by its server, the malware attempted to block the user’s phone and display a message demanding payment of a US$500 ‘fee’ for alleged criminal activity.” Read more.

Nasty Mobile Banking Trojan Gets Ransomware Features, Starts Targeting U.S. Users

Nasty Mobile Banking Trojan Gets Ransomware Features, Starts Targeting U.S. Users
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Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect individuals, businesses, critical infrastructure, and governments around the globe. The company’s comprehensive security portfolio includes leading digital life protection for personal devices, specialized security products and services for companies, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help millions of individuals and nearly 200,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.

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