A brand new “extremely succesful” cell banking malware dubbed “Crocodilus,” targets Android gadgets, extorting delicate crypto pockets credentials utilizing social engineering ways.
A current analysis by cybersecurity agency Menace Material discovered the emergence of a brand new malware household Crocodilus. The malware is reportedly distributed via a proprietary dropper that bypasses Android 13+ restrictions.
“Regardless of being new, it already contains all the required options of recent banking malware: overlay assaults, keylogging, distant entry, and ‘hidden’ distant management capabilities,” analysts famous.
Refined Android malware designed to steal cryptocurrency personal keys isn’t new. In October 2024, the FBI issued a warning a few comparable malware referred to as SpyAgent, which was linked to North Korean hackers.
Nevertheless, what differs within the new cell banking Trojan Crocodilus is the “system takeover and superior credential theft,” Menace Material wrote on X.
A brand new cell banking Trojan has emerged—#Crocodilus. Found throughout common menace looking, it’s already displaying capabilities that rival prime malware households, together with system takeover and superior credential theft.https://t.co/RlyfFxUYHe#BankingTrojan #ThreatFabric pic.twitter.com/47zPbPfFad
— ThreatFabric (@ThreatFabric) March 28, 2025
Crocodilus Shows Overlays to Goal Banks and Cryptos
Crocodilus malware works on a modus operandi just like trendy “System Takeover banking Trojan,” analysts famous. After preliminary set up by way of a proprietary dropper, the malware requests “Accessibility Service” to be enabled, they added.
With the intention to intercept credentials, Crocodilus connects to the command-and-control (C2) server for directions comparable to overlays for use.
Additional, the menace initially appeared in Spain and Turkey, focusing on a number of crypto wallets, the Cell Menace Intelligence group revealed.
“We count on this scope to broaden globally because the malware evolves,” the group famous.
Moreover, the two-factor authentication (2FA) is bypassed by the malware utilizing RAT command that triggers a display seize on the content material of the Google Authenticator utility. Crocodilus captures the code displayed on the display within the Google Authenticator app, and sends to the C2.
Malware Instructs Victims to Do the Job
In contrast to different Trojans, Crocodilus overlays goal crypto pockets by asking victims to take a backup of their pockets keys.
“Again up your pockets key within the settings inside 12 hours. In any other case, the app will probably be reset, and chances are you’ll lose entry to your pockets,” the overlay textual content reads.
This social engineering hack guides victims to navigate to their seed phrase. This inturn permits Crocodilus to extract the textual content utilizing its Accessibility Logger.
“With this info, attackers can seize full management of the pockets and drain it utterly,” Menace Material analysts stated.
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