Amidst all the new malware that emerge every day, some old viruses also reappear after being revamped. One such example is the revamped Faketoken Android banking Trojan which now also hijacks devices to send SMS messages to premium foreign numbers.
Researchers from Kaspersky have discovered some old malware active in the wild again. Identified as Faketoken, the old Android banking trojan is now back with more malicious functionality.
The malware first emerged several years ago and was among the most widespread banking trojans in 2014. At that time, Faketoken meddled with the device-messaging only once to proceed with fraudulent transactions.
However, in 2016, it became more sophisticated in stealing money, as it overlaid apps to steal users’ bank account credentials. At the same time, it also served as ransomware by encrypting the device data. Whereas, in the following year, it emerged whilst impersonating popular e-wallets and mobile banking apps to bluff users.