April 30, 2020 By Lindsey O'Donnell
Researchers warn that the EventBot Android malware, which targets over 200 financial apps, could be the “next big mobile malware.”
An Android mobile malware has been uncovered that steals payment data from users of popular financial apps like PayPal, Barclays, CapitalOne and more.
The infostealer, called EventBot, has targeted users of more than 200 different banking, money-transfer services and general cryptocurrency wallet apps. First identified in March 2020, EventBot’s still in early development – but researchers warn that it’s rapidly evolving with new versions being released every few days.
“EventBot is particularly interesting because it is in such early stages,” said Daniel Frank, Lior Rochberger, Yaron Rimmer and Assaf Dahan with Cybereason, in a Thursday analysis. “This brand-new malware has real potential to become the next big mobile malware, as it is under constant iterative improvements, abuses a critical operating system feature, and targets financial applications.”