Emerging Threats

Bank credential stealing Android malware is on the rise


Authored by a Symantec employee

 

Cyber criminals are finding new ways to steal your money through your Android device. Lately, the use of Android malware that steals your banking credentials, with names such as Acecard or GMbot, is on the rise.

Don’t wait until a threat strikes.

Security threats and malware lurk on Windows PCs, Macs, and Android and iOS devices. If you use more than one device – like most of us do – you need an all-in-one security suite. Meet Norton Security Premium.

Enjoy peace of mind on every device you use with Norton Security Premium.

No Credit Card Required

The fallout from getting your banking information stolen can be emotionally and mentally taxing. According to the Norton Cybersecurity Insights Report, 70% of us would rather cancel dinner plans with a best friend than deal with canceling a credit or debit card. However, a lot of us still think cybercrime won’t happen to us.

Acecard finds its way onto a user’s mobile device usually through a link from a text message, or an ad on an unfamiliar website. Once the malware is installed on your device, it waits until you fire up your banking app to do its nefarious work. While you’re entering your username and password, this malware tracks your actions and logs the information you put in. Once it has your credentials, it can login as you and drain your account.

One of the primary lures for cybercriminals to keep coming up with new malware is the reward of stealing money from individuals and financial institutions. How can an individual stay ahead of these criminals and keep their hard-earned money safe and sound?

Here are a few ways that you can keep your cash under lock and key:

If your online banking app offers Two Factor Authentication, make sure you turn it on.

Limit how much money can be withdrawn from your account, or set up alerts to let you know when anything over a specific amount of money has been withdrawn. Also, be sure to consistently monitor your accounts for unauthorized charges.

Download cybersecurity software onto your mobile device from a trusted brand, like Norton. Norton Mobile Security will automatically scan apps before they download for risky behavior and will block malicious sites so they can’t steal your information.

If you have cybersecurity software on your phone, make sure you keep it up-to-date. You can feel secure knowing that Norton security experts and technology are working around the clock to make sure the software catches new threats before they get to you.

Isn't it time to upgrade your security?

Upgrading to new devices and software can often mean downgrading your privacy and security. It’s time to take your security seriously. Download the full version of Norton Security Deluxe free for 30 days, and test-drive it on up to 5 of your devices – PCs, Macs, smartphones or tablets.

Create an account today and be up and running in minutes.


Symantec Corporation, the world’s leading cyber security company, allows organizations, governments, and people to secure their most important data wherever it lives. More than 50 million people and families rely on Symantec’s Norton and LifeLock comprehensive digital safety platform to help protect their personal information, devices, home networks, and identities.

Copyright © 2018 Symantec Corporation. All rights reserved. Symantec, the Symantec Logo, the Checkmark Logo, Norton, Norton by Symantec, LifeLock, and the LockMan Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the United States and other countries. Firefox is a trademark of Mozilla Foundation. Google Chrome and Android are trademarks of Google, LLC. Mac, iPhone and iPad are trademarks of Apple Inc. Microsoft and the Windows logo are trademarks of Microsoft Corporation in the United States and/or other countries. The Android robot is reproduced and/or modified from work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License. Other company names and product names are registered trademarks or trademarks of each company.