Our latest banking malware analysis

In the world of malware for Windows desktop systems, we can find multiple categories, each of which is based on what malicious activity the software presents and how it carries it out. We usually talk about "trojans" and, more specifically, "bank trojans".
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In these times of pandemic, when we’ve all been on lockdown to stop the spread of COVID-19, malware developers are experiencing what is probably one of their busiest periods.
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According to Forrester, ransomware attacks grew 500% in 2019 compared to 2018. However, in addition to the increase in these types of attack, the presence of malware to undermine cryptocurrencies (29% more) and attacks on IoT devices (10% more) grew also. Such attacks are becoming more and more profitable and, above all, more simple technically than attacks using banking malware.
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For years we have witnessed the pace at which technology advances. This progress not only generates business opportunities for multinational companies with soaring revenues; for many entrepreneurs and visionaries, this advance has meant a source of income and a livelihood.
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It is common nowadays to hear news about new families of banking malware for Android devices and how they work. However, the same cannot be said for iOS devices. This may lead us to ask “Is there malware for iOS? And banking malware?
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Nine years have passed since the first banking malware for Android mobile devices was discovered. It was 2010, and just a year and a half had passed since the launch of HTC Dream, the first smartphone with Android as its operating system.
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Since cryptocurrencies came on the scene in late 2008 and early 2009, new malware has gradually emerged that does its utmost to steal users’ wallets and cryptocurrencies. This malware, just like all the others, has steadily evolved, implementing new methods for achieving its goals, as we explain below.
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On multiple occasions, through bugFraud, we have detected WebInject attacks that begin with a computer banking Trojan and which, on account of the protection methods offered by banking institutions, have had to adapt to attack the mobile device.
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