APK

A new wave of Android malware is targeting banking applications, utilizing techniques such as NFC relay fraud, call hijacking, and root-level exploits. Variants like PhantomCard, SpyBanker, and KernelSU are designed to infiltrate devices and manipulate transactions in real time. PhantomCard mimics legitimate NFC payment processes, SpyBanker hijacks calls from financial institutions, and KernelSU exploits kernel vulnerabilities for persistent access. This malware has affected thousands of devices, with attackers using disguises on the Google Play Store and phishing campaigns. A related variant, Anatsa, impacted over 90,000 users through fake PDF applications. The rise of such malware correlates with the increasing adoption of contactless payments, particularly in Europe and Asia. Experts recommend that banks enhance their defenses with behavioral analytics and that users enable app verification. Additionally, malware like KernelSU allows evasion of detection by operating at the system's core. Cybersecurity firms suggest a multi-layered security approach, including device encryption and AI-driven threat detection, to combat these evolving threats.