{"id":1281,"date":"2015-08-13T02:43:47","date_gmt":"2015-08-12T18:43:47","guid":{"rendered":"http:\/\/staging.bankvaultonline.com\/?p=1281"},"modified":"2015-08-13T02:43:47","modified_gmt":"2015-08-12T18:43:47","slug":"android-online-banking-risks","status":"publish","type":"post","link":"https:\/\/www.bankvault.com\/android-online-banking-risks\/","title":{"rendered":"Android Online Banking Security Risk: Zbot & Zitmo"},"content":{"rendered":"
The Android platform is the world\u2019s most widely-used smartphone operating system. Seventy percent of the world\u2019s smartphones run on Android, so it\u2019s no big surprise that hackers are targeting Android. In fact, in 2012 the antivirus company Kaspersky noted that 99% of all mobile malware they found targeted Android.<\/p>\n
Aside from the large number and android users hackers are targeting Android because, as a platform, it is more open to developers \u2013 meaning hackers have more entry points to exploit.<\/p>\n
Malicious attacks on Android can be divided into 3 categories: SMS Trojan viruses, advertising modules and root access exploits.<\/p>\n
The biggest risk in using an Android device would be to use it to do online banking. North American and European banks have developed fairly sophisticated 2 factor authentication and tokens but hackers are one step ahead.<\/p>\n
According to Kaspersky:<\/p>\n
The Zitmo family of programs is designed to attack a user\u2019s mobile phone and can bypass the two-factor authentication systems used by European banks. These mobile malicious programs work in tandem with Zbot (ZeuS):
\n\u2022 First Zbot steals the username and password \u2013 to enter the online banking system from the infected computer.
\n\u2022 Then, during a money transfer, Zitmo \u2013 Zbot\u2019s mobile counterpart \u2013 takes over and forwards the transaction authorization code (TAN) to the cyber-criminals.<\/p><\/blockquote>\nGiven the open nature of Android and the reality that the world\u2019s Android app stores are littered with malware programs, we recommend that no one should bank online while using an Android device.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Android platform is the world\u2019s most widely-used smartphone operating system. Seventy percent of the world\u2019s smartphones run on Android, so it\u2019s no big surprise that hackers are targeting Android. In fact, in 2012 the antivirus company Kaspersky noted that 99% of all mobile malware they found targeted Android. Aside from the large number and […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[252],"tags":[267,268,23,236,250,269,136,270],"class_list":["post-1281","post","type-post","status-publish","format-standard","hentry","category-alerts","tag-alert","tag-android-risks","tag-cyber-security","tag-hacking","tag-online-banking-theft","tag-zbot","tag-zeus","tag-zitmo"],"yoast_head":"\n
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