Hackers Using Fake Cellphone Towers to Spread Android Banking Trojan
Mar 22, 2017
Chinese Hackers have taken Smishing attack to the next level, using rogue cell phone towers to distribute Android banking malware via spoofed SMS messages. SMiShing — phishing attacks sent via SMS — is a type of attack wherein fraudsters use number spoofing attack to send convincing bogus messages to trick mobile users into downloading a malware app onto their smartphones or lures victims into giving up sensitive information. Security researchers at Check Point Software Technologies have uncovered that Chinese hackers are using fake base transceiver stations (BTS towers) to distribute " Swearing Trojan ," an Android banking malware that once appeared neutralized after its authors were arrested in a police raid. This is the first ever reported real-world case in which criminals played smart in such a way that they used BTS — a piece of equipment usually installed on cellular telephone towers — to spread malware. The phishing SMS, which masquerades itself as the on...