Researchers at cybersecurity company Cleafy are warning people about new Android malware that can steal money from their bank accounts. It’s called BingoMod and is a type of remote access trojan, or RAT for short. Cleafy discovered it back in May 2024 and recently published a report on its website explaining how the malware operates. As you read the post, you’ll quickly realize just how threatening it is.
According to Cleafy, the bad actors behind BingoMod engage in “smishing” campaigns. Smishing is a portmanteau of “SMS” and “phishing” and is normally a “social engineering attack” that utilizes fake text messages to trick people into downloading malware. In this instance, BingoMod takes the form of a “legitimate antivirus” app.
