Gigabud Creates Android Work Profiles to Hide From Banking App Malware Checks

The Gigabud banking trojan now installs a second Android app that creates a work profile on an infected phone and drops a tampered banking app inside it, security firm Group-IB said in a report published on September 9. A work profile is a separate space that Android typically reserves for employ...

GoldFactory Hits Southeast Asia with Modified Banking Apps Driving 11,000+ Infections

Cybercriminals associated with a financially motivated group known as GoldFactory have been observed staging a fresh round of attacks targeting mobile users in Indonesia, Thailand, and Vietnam by impersonating government services. The activity, observed since October 2024, involves distributing...

Chinese Hackers Using Deepfakes in Advanced Mobile Banking Malware Attacks

A Chinese-speaking threat actor codenamed GoldFactory has been attributed to the development of highly sophisticated banking trojans, including a previously undocumented iOS malware called GoldPickaxe that's capable of harvesting identity documents, facial recognition data, and intercepting SMS...