
Despite the many safeguards in the Google Play Store, it is once again playing host to a dangerous Android trojan posing as legitimate productivity apps to escape detection — once installed the hackers deploy their malware. This time the threat was identified by security researchers at ThreatFabric, who revealed the latest incarnation can take over nearly 600 different banking apps to siphon off money from victims.
That's one of the most dangerous aspects of this particular trojan — it isn't just stealing your login credentials — it is taking over the banking apps on your Android phone so the transactions appear to be coming from you (via Bleeping Computer).