• News
    • Bitcoin
    • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Regulation
  • Learn
  • Market Cap
What's Hot

Binance Addresses Accusations From Elizabeth Warren and Other US Senators in New Open Letter

2023-03-30

Best Bitcoin Mining Software — TOP Crypto Miners to Use in 2023

2023-03-30

Binance’s CZ refutes report claiming company has been hiding China ties

2023-03-30
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook TikTok Instagram YouTube
CryptoNewsMetaverse
  • News
    • Bitcoin
    • Altcoins
  • NFT

    U.S. IRS Considers Taxing NFTs Like Other Collectibles

    2023-03-21

    Meta Shuts Down NFT Project to Focus on FinTech and Content

    2023-03-14

    Solana’s Solend V2 Release, Is SOL Price $50 Next?

    2023-03-06

    Amazon NFT Marketplace To Reportedly Launch Next Month

    2023-03-06

    Blur Coin Under Fire As Allegations Of Wash Trading Emerge

    2023-03-01
  • Metaverse

    Disney Metaverse Division Reportedly Scrapped

    2023-03-28

    Animoca Denies $200M Metaverse Fund Cut

    2023-03-27

    Metaverse Trading Hits All-Time High

    2023-03-24

    Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

    2023-03-20

    A Guide to Virtual Land Staking in the Metaverse

    2023-03-20
  • Analysis

    DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried

    2023-01-08

    Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report

    2023-01-08

    Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research

    2023-01-08

    Bitcoin Whales Unloaded BTC As Market Reversed and Parked Their Profits in This Crypto Asset Class: Santiment

    2023-01-07

    Crypto Analyst Predicts Breakout for AI-Focused Altcoin, Updates Outlook on Ethereum and Lido DAO

    2023-01-07
  • Regulation

    Binance Addresses Accusations From Elizabeth Warren and Other US Senators in New Open Letter

    2023-03-30

    Binance’s CZ refutes report claiming company has been hiding China ties

    2023-03-30

    $852,000,000 in Ethereum, Polygon, Fantom and Additional Altcoins Have Left Binance Following CFTC Lawsuit: Nansen

    2023-03-30

    Elizabeth Warren says she’s building an anti-crypto army in new campaign

    2023-03-30

    SEC Chair Gary Gensler To Face Congress Over Strategy on Digital Assets

    2023-03-30
  • Learn

    Best Bitcoin Mining Software — TOP Crypto Miners to Use in 2023

    2023-03-30

    Next Cryptocurrency to Explode 2023

    2023-03-30

    Chart Patterns Cheat Sheet For Technical Analysis

    2023-03-21

    Best NFT Wallets in 2023

    2023-03-21

    What are Dapps (Decentralized Applications) Crypto?

    2023-03-17
  • Market Cap
CryptoNewsMetaverse
Home»Regulation»German regulator warns of new banking and crypto malware ‘Godfather’
Regulation

German regulator warns of new banking and crypto malware ‘Godfather’

2023-01-09No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Financial authorities in Germany are raising the alarm amid the rapid spread of a new financial malware affecting banking and cryptocurrency applications.

Germany’s Federal Financial Supervisory Authority (BaFin) released an official statement on Jan. 9, warning consumers of “Godfather,” a malware collecting user data in banking and crypto apps.

BaFin emphasized that the new virus is targeting about 400 banking and crypto apps, including those operating in Germany. Godfather malware attacks users by displaying fake websites of regular banking and crypto apps, stealing their login data.

According to the regulator, it is yet to be determined how the malware attacks users’ devices. The malware is known to send push notifications to get the codes for two-factor authentication. “With this data, the cyber criminals may be able to gain access to consumers’ accounts and wallets,” BaFin noted.

The first warnings on Godfather surfaced in December, with reports suggesting that the malware was affecting Android devices, targeting users in 16 countries. Cybersecurity experts from Group-IB reportedly initially discovered the Godfather trojan in 2021, but the malware has undergone massive code upgrades and improvements and has seen a big spike in activity over the past few months.

Related: Nifty News: Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and more

According to Group-IB cybersecurity experts, almost 50% of all apps targeted by Godfather are banking apps, with most of them coming from the United States. Germany is also among the most affected countries, alongside Turkey, Spain and Canada. The malware is also known to target 110 cryptocurrency exchange platforms and 94 cryptocurrency wallet apps.

Group-IB’s #ThreatIntelligence detected more than 400 international financial companies targeted by the #Godfather #Android banking #Trojan between June 2021 and October 2022. Godfather’s predecessor is another #banking Trojan named #Anubis:https://t.co/Kf2IGvrLnk pic.twitter.com/JERnAuNfAC

— Group-IB Global (@GroupIB_GIB) December 21, 2022

Cryptojacking has emerged as one of the biggest types of attacks on crypto apps in recent years. According to forecasts from the cybersecurity lab Kaspersky, 2023 will see even more malware attacks as the year will likely be marked by the “cyber epidemics with the biggest impact.”

Source link

banking Crypto German godfather malware Regulator warns
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Binance Addresses Accusations From Elizabeth Warren and Other US Senators in New Open Letter

2023-03-30

Best Bitcoin Mining Software — TOP Crypto Miners to Use in 2023

2023-03-30

Binance’s CZ refutes report claiming company has been hiding China ties

2023-03-30

$852,000,000 in Ethereum, Polygon, Fantom and Additional Altcoins Have Left Binance Following CFTC Lawsuit: Nansen

2023-03-30
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Binance Coin and Chainlink Trends Worth Watching in Bear Market, According to Crypto Analyst Benjamin Cowen

2022-05-29

UK government proposes additional safeguards against stablecoin failure risks

2022-05-31

The World Of Women Collection, Including And Conquering

2022-07-01

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Instagram YouTube TikTok
Top Insights

Binance Addresses Accusations From Elizabeth Warren and Other US Senators in New Open Letter

2023-03-30

Best Bitcoin Mining Software — TOP Crypto Miners to Use in 2023

2023-03-30

Binance’s CZ refutes report claiming company has been hiding China ties

2023-03-30
Get Informed

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Cryptonewsmetaverse.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$27,986.00-1.65%
  • ethereumEthereum(ETH)$1,782.49-1.52%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.07%
  • binancecoinBNB(BNB)$315.98-0.14%
  • usd-coinUSD Coin(USDC)$1.000.06%
  • rippleXRP(XRP)$0.54-1.94%
  • cardanoCardano(ADA)$0.376312-2.68%
  • Lido Staked EtherLido Staked Ether(STETH)$1,778.92-1.49%
  • dogecoinDogecoin(DOGE)$0.074600-2.21%