Mobile
A new Android banking trojan is also ransomware
Reported by csoonline.com
A new kind of Android malware steals online banking credentials and can hold a device’s files hostage in exchange for a ransom, delivering a particularly nasty one-two punch.
The malware, called Xbot, is not widespread yet and appears to be just targeting devices in Australia and Russia, wrote researchers with Palo Alto Networks in a blog post on Thursday.
But they believe whomever is behind Xbot may try to expand its target base.
