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Tom’s Guide
Tom’s Guide
Technology
Anthony Spadafora

This new Android banking trojan can automatically transfer money off your phone to hackers

Green skull on smartphone screen.

Normally, when it comes to Android malware, when new strains are discovered, they often build upon a previous one. However, that’s not the case with a new Android banking trojan currently making the rounds online. Instead, it appears to be written from scratch with no code similarities to existing malware families.

As reported by The Hacker News, this new banking trojan has been dubbed RatOn by security researchers at Threat Fabric who discovered it while investigating another malware strain that uses near-field communication or NFC in its attacks to steal contactless payment info from unsuspecting Android users. The most surprising part of this new sample was the fact that it wasn’t just in a single malicious app but instead was part of a campaign involving multiple ones.

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