iBanking: Exploiting the Full Potential of Android Malware | Symantec Connect Community

The tool, known as iBanking, is one of the most expensive pieces of malware Symantec has seen on the underground market and its creator has a polished, Software-as-a-Service business model.  […]

How it works

Attackers use social engineering tactics to lure their victims into downloading and installing iBanking on their Android devices. The victim is usually already infected with a financial Trojan on their PC, which will generate a pop up message when they visit a banking or social networking website, asking them to install a mobile app as an additional security measure.

iBanking_infection_diagram.png

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