Delete mobile banking applications from Android phones. Critical vulnerability found – Digitalmunition

News Delete mobile banking applications from Android phones. Critical vulnerability found

Published on December 2nd, 2019 📆 | 4969 Views ⚑


Delete mobile banking applications from Android phones. Critical vulnerability found

Once again, cyber
security awareness program experts have just detected a threat in Android devices,
which can be executed through banking applications.

So be careful when using
banking applications, preferably we recommend users to uninstall them since
according to the authorities the level of affectation can be very serious.

The vulnerability was named
as “StrandHogg” and according to Norwegian security firm Promon it
directly affects the Android multitasking system, and allows malicious
applications to superimpose fake login screens in legitimate applications.

Promon detected that about 36 applications can exploit this bug and that due to the complexity of the script, this bug could be executed in more than 500 apps from the App Store.

The 36 applications
found by Promon along with the Lookout company that exploited the bug. This bug
was also exploited by of the BankBot Trojan virus.

Due to this, Google Play
has already removed the first 36 vulnerable apps from the Play Store ensuring
that they have already contained the threat, but the problem is still not
completely resolved, users need to update their operating system, in order to
obtain the latest security patch.

Unfortunately it was
reported that the vulnerability affects the Android operating system and that
regardless of whether it is version 6.0 or version 10, the affectations are the
same, since the failure depends on the permissions granted to these fake
applications as per experts from International Institute Cyber Security.


By granting these
permissions, users without knowing it, allow attacks to be carried out,
including: access to stored data, access to the location, to send and receive
SMS messages, telephone calls, listening through the microphone and activating
the cameras.

It is possible that this
wave of attacks on financial institutions is an orchestrated attack by hacking
groups to obtain funds, because at least 60 banking applications have already
been reported vulnerable to “StrandHogg”.

Cyber security awareness course experts recommends to uninstall bank applications is because this vulnerability superimposes login screens identical to the original ones and unfortunately any user could grant their access signatures among other data to third parties without noticing.

Google said it would
continue investigating “to prevent such applications from being available
in the Play Store.

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