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Source Codes of Mobile Malware Getting Leaked

Today demand for smart-phone is enormous; therefore, cyber-criminals have chosen the gadget to be a very important target. Malware developers now understand their market better therefore they're changing their modus-operandi. Starting 2015, hackers shifting to the Greyhat from the Blackhat have been numerically increasing.

A just found banking Trojan created for Android had somebody expose its source code online. Thus, security researchers conclusively state that the latest surge in Android banker malware comes from the same malware family. Softpedia.com posted this online dated February 20, 2016.

During 2015, banking Trojans that attacked Android grew into an epidemic. Accordingly, FireEye unearthed SlemBunk; Heimdal Security discovered Mazar BOT; and Symantec exposed Bankosy. As per IBM X-Force's group of experts, all the named Trojans belong to the same family.

Plentiful banking websites have transaction authorization and dual-factor verification mechanisms for tackling different types of threats. They dispatch distinct one-time-use software onto the cell-phone numbers that clients have registered for themselves, through SMS. But cyber-criminals know how to defraud them so they craft different mobile malicious programs similar as iBanking and install them on the users' devices.

Daniel Cohen Security Researcher describes iBanking as one comparatively new cell-phone malware that from late 2015 has been traded on the underground hacking market for $5,000.

On the other hand, the source code of Mazar BOT got exposed at the time a secret illegal hacking forum's administrator bought the same from the Mazar crooks as well as began offering it in the form of rewarding the registered users of his own website.

The administrator saved the code within certain password-protected archive, while end-users registered to the forum were facilitated with communicating with him through the messaging medium to know the password. Indeed, the plan did not work as desired because end-users began telling the password to one another so that soon the code for Mazar BOT got shared across the entire illegal hacking forum.

Nowadays malware applications are especially harmful because they're designed for appearing the maximum possible genuine, with out of 5 mobile threats, one is a bot, indicating an increasingly complicated nature of mobile threats.

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