Android Malware Steals from PayPal Accounts

Dec. 13, 2018
Android Malware Steals from PayPal Accounts

What happens when you combine a remotely controlled banking Trojan with an abuse of Android Accessibility services? According to new research from ESET, you get an Android Trojan that steals money from PayPal accounts, even with 2FA on.

The malware reportedly disguises itself as a battery optimization tool, and threat actors distribute it via third-party apps. “After being launched, the malicious app terminates without offering any functionality and hides its icon. From then on, its functionality can be broken down into two main parts,” researchers wrote.

In a video recording, researchers demonstrated an attempt to steal money from a PayPal account after the user had logged into the app. While the researchers were analyzing the malware, the PayPal app attempted to send €1,000, which failed when the app requested that the user link a new card due to insufficient funds.

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