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Crooks are exploiting unpatched Android flaw to drain users’ bank accounts

December 3, 2019

Hackers are actively exploiting StrandHogg, a newly revealed Android vulnerability, to steal users’ mobile banking credentials and empty their accounts, a Norwegian app security company has warned.

“Promon identified the StrandHogg vulnerability after it was informed by an Eastern European security company [Wultra] for the financial sector (to which Promon supplies app security support) that several banks in the Czech Republic had reported money disappearing from customer accounts. At the time, this was covered (but not explained), in the Czech media. Promon’s partner gave Promon a sample of the suspected malware to investigate,” Promon researchers explained.

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