Android users beware! ToxicPanda Trojan will erase your entire bank account, do it immediately to avoid it

Technical News Office – More than 95% of users in India use devices with Android operating system. In such a situation, a new malware named ToxicPanda has emerged which becomes a major threat for Android users by targeting their bank accounts. Even if the Indians are not yet affected by this situation, it is important to remain vigilant. As we know, cybersecurity is an important issue at present. With the advancement of technology, hackers and scammers are coming up with new options every day to fool people. Every day we hear about new scams or malware attacks targeting people. Today we are going to talk about the ToxicPanda Trojan.

global attack
This Trojan spreads rapidly globally and pretends to be a trustworthy application and can target you. This new malware is spreading globally, putting Android users and their bank accounts at risk. Let us tell you that ToxicPanda Trojan malware comes in the form of Google Chrome and banking apps. Cybersecurity firm Clefi’s threat intelligence team said ToxicPanda affected more than 1,500 devices in Europe and Latin America.

How does the Trojan horse work?
Researchers said that ToxicPanda is a financial-focused Trojan from the malware family named TgToxic. This is an advanced malware, which can bypass even standard banking security and harm users. ToxicPanda spreads through site loading, which is when you download an app from somewhere other than Google Play or the Galaxy Store. Using this Trojan, hackers first control Android’s accessibility features and carry out scams by intercepting one-time passwords. The most dangerous thing is that it gives hackers the ability to control your device remotely, so they can steal from you from any corner of the world. Let us tell you that ToxicPanda Trojan can pretend to be a trustworthy application like Google Chrome or a popular banking application. So far, hundreds of users have been affected by this Trojan, including 56.8 percent of users in Italy, 18.7 percent in Portugal, 4.6 percent in Hong Kong, 3.9 percent in Spain and 3.4 percent in Peru.

How to stay safe?
Download apps only from official app stores like Google Play Store or Galaxy Store.
Update phone software regularly as companies release security patches to protect against malware.
Also keep your device’s operating system and applications up to date.
Ignore installation prompts when browsing or using apps outside of the official store, as they may contain malware.