Blog

This Android Malware Is Stealing Login Credentials

Jun 20, 2022 | Blog

If you’re deeply involved in IT security, you may already be familiar with the ERMAC Android banking trojan.

If this is the first time you’re hearing of it, be aware that the hackers who authored the malicious code have recently released ERMAC 2.0, which represents a significant upgrade in capabilities from the previous iteration.

ERMAC’s main purpose is to steal and send login credentials to the person controlling the code.  That person then uses the stolen passwords to take control of a target’s bank accounts and/or cryptocurrency wallets and conduct fraud. Or in some cases, simple theft.

Access to ERMAC is subscription based on the Dark Web.  The 1.0 version of the malware could be yours for $3k USD per month.  This latest iteration is subscription priced at $5k USD per month.  Pricey, yes, but those who use it swear by it and are happy to pay.

ERMAC 2.0 was first spotted during a fake Bolt Food application that targeted the Polish market.  Bolt Food is a quite legitimate European food delivery service.  In this case, the hackers created a fake site that looked convincingly like the real thing and tricked users into downloading what they thought was a food delivery app.

Naturally, it was nothing of the sort, and instead of convenient food service, what the victims got was ERMAC 2.0 and a whole slew of headaches after that.

Although the Bolt Food app was the first, it is by no means the only app that the malicious code impersonates.  In fact, according to the latest research, ERMAC 2.0 is currently impersonating nearly five hundred popular Android apps.

In every case however, the campaigns that have been seen so far rely on a user agreeing to download an app from what they believe to be a legitimate third-party vendor site.  While it’s an undeniably dangerous strain of malware, it is easily avoided simply by sticking to apps on the Google Play Store.  Stay vigilant, it’s getting dangerous out there.

FBI Program Tasked with Infrastructure Security Compromised

FBI Program Tasked with Infrastructure Security Compromised

The FBI program tasked with ensuring critical infrastructure security has been compromised by hackers, who now offer access to the program's data on the dark web. The breach was initially disclosed by Brian Krebs of Krebs on Security, who claims that the data was for...

Streamline Your Business with the Latest Smart Home Technology

Streamline Your Business with the Latest Smart Home Technology

Are you a business owner looking to get the most out of your Google smart home devices? If so, you're in luck! Google has enabled its Nest products and Android OS with the initial rollout of the Matter smart home standard. This means that businesses now have the...

Data Breach at Sequoia One Exposes Sensitive Customer Information

Data Breach at Sequoia One Exposes Sensitive Customer Information

What do you do when your most personal information has been compromised? This is likely the question that customers of Sequoia One asked themselves earlier this month as they were informed that the company had been hacked. Sequoia One specializes in the management of...

Cisco Reports Critical IP Phone Vulnerability

Cisco Reports Critical IP Phone Vulnerability

As a business owner, it's important to stay informed about potential vulnerabilities that could impact your organization. Recently, Cisco reported a critical vulnerability, tracked as CVE-2022-20968, affecting its IP Phone 7800 and 8800 Series. This new vulnerability...

Google Chrome Releases Two New Features

Google Chrome Releases Two New Features

Google Chrome is one of the more commonly used web browsers. Over the years, though, Chrome has gained a reputation for utilizing a large portion of a computer's memory. This can be a problem if you're running other resource-intensive tasks and don't want to slow...

Get a Free Consultation

 

Fill out the form below to receive a free consultation and learn how we can make your technology worry-free!

 

Contact Information

  • 39301 Badger Street, Suite 500
    Palm Desert, CA 9221
  • (760) 333-8523
  • info@icn.tech