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HomeNewsA new Android malware "SharkBot" can empty your bank account within minutes

A new Android malware “SharkBot” can empty your bank account within minutes

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With the changing times, there has been a lot of improvement in the methods of banking transactions. Now you can simply exchange money from any corner of the world.

On one hand, people have got a lot of relief from this, while on the other hand, some mischievous elements have started taking the wrong advantage of this facility. Every time hackers adopt different methods to get into your bank account.

If cyber security experts are to be believed, nowadays a new Android Trojan has been found on the web which can empty your bank account in minutes. This Trojan, called SharkBot, breaks the multi-factor authentication system of the Android phone app to get the bank account details of the users. According to the report,

“SharkBot is able to get the personal banking details of people by dodging the anti-virus”

So far, SharkBot Android malware has been found only in Europe and America, although in the coming months this malware will also leave its footprints in India.

Mobile phones working on Google’s Android operating system have become victim of this new malware. Sharkbot steals money with the help of an automatic transfer system.

Riya
Riya is a technology enthusiast and an avid researcher. She writes about consumer tech, hacking, and technology consumer issues at TheDigitalHacker.

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