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Gigabud RAT Android Banking Malware Targets Institutions Across Countries

August 15, 2023

Account holders of over numerous financial institutions in Thailand, Indonesia, Vietnam, the Philippines, and Peru are being targeted by an Android banking malware called Gigabud RAT.

“One of Gigabud RAT’s unique features is that it doesn’t execute any malicious actions until the user is authorized into the malicious application by a fraudster, […] which makes it harder to detect,” Group-IB researchers Pavel Naumov and Artem Grischenko said.

“Instead of using HTML overlay attacks, Gigabud RAT gathers sensitive information primarily through screen recording.”

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