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Android users beware, Escobar virus can empty your bank account

The security of Android users is once again in danger. A new Trojan malware has arrived that comes with a new name and features. According to a report by BleepingComputer, this malware named Escobar can steal your bank information through your phone and can also empty your bank account. Escobar malware can take full control of users’ phones. If for any reason this malware goes in your phone, then it can record your phone.  May take pictures of you without your knowledge. Escobar targets all those apps lying in the users’ phones that contain information related to the bank. According to the report, Escobar has been seen on a hacking forum in Russia where Aberebot developer is promoting this banking Trojan. This malware has also been identified by security companies like MalwareHunter, McAfee and Cyble.

How does the Aberebot/Escobar malware work?
Escobar works just like any other banking Trojan. It reaches your phone through a third party source and then continuously monitors your messages, sites you visit and banking apps for several days. During this it records OTP, PIN etc. This virus collects complete information before taking any kind of action. Escobar has currently reached 18 countries of the world.

This malware takes 25 types of permissions from users, which include information like audio recording, message, storage, keylock, calling and location. After collecting the information, this malware stores it on the hackers’ servers. After that hackers break into your account. This malware can also carry out SIM swapping.

How Android users can stay safe
In general, Android users can minimize chances of getting their smartphones infected by following these important tips:

  • Not installing APKs outside of Google Play Store
  • Ensuring that Google Play Protect is enabled on their device
  • When installing a new app from any source, pay attention to unusual requests for permissions and monitor the app’s battery and network consumption stats for the first few days to identify any suspicious activity.

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