A new iteration of the Android malware "Godfather" has emerged, utilizing advanced techniques to create isolated virtual environments on mobile devices for stealthy account data theft and transaction manipulation from legitimate banking applications. It targets over 500 banking, cryptocurrency, and e-commerce applications globally, employing a comprehensive virtual filesystem, virtual Process ID, intent spoofing, and a component called StubActivity. Godfather is delivered as an APK app with an embedded virtualization framework, scanning for installed target applications and launching them within its virtual environment. It intercepts user interactions with genuine banking apps, capturing sensitive data like credentials and PINs while presenting a legitimate interface. The malware can execute commands to unlock devices and initiate transactions while avoiding detection. Godfather first appeared in March 2021 and has evolved significantly since then, with the latest version representing a notable advancement over previous iterations. Users are advised to download apps only from trusted sources and remain cautious about app permissions to protect against this malware.