A new Android banking Trojan named Herodotus has emerged, operating under the Malware-as-a-Service (MaaS) model and causing significant disruptions in the mobile banking sector. It primarily spreads through SMS phishing campaigns that disguise malicious links as legitimate messages, leading users to counterfeit web pages to download an APK file outside the official Play Store. Upon installation, Herodotus requests critical permissions, including Accessibility, allowing it to overlay fake screens on real banking apps and capture user data. The malware employs deceptive behaviors to evade detection by traditional antivirus solutions, which often fail to recognize it due to their reliance on signature-based and behavior-driven databases. Research indicates that antivirus providers have overlooked the Herodotus threat, highlighting the need for multilayered defense mechanisms. Pradeo’s Mobile Threat Defense (MTD) solution offers continuous monitoring of device behavior, proactive blocking of phishing links, and alerts for risky off-store installations, effectively neutralizing threats before they escalate.