Menu
Android malware steals one-time passcodes

Android malware steals one-time passcodes

The malware uses call forwarding to intercept voice calls with the passcode

One-time passcodes, a crucial defense for online banking applications, are being intercepted by a malware program for Android, according to new research from Symantec.

The malware, called Android.Bankosy, has been updated to intercept the codes, which are part of so-called two-factor authentication systems.

Many online banking applications require a login and password plus a time-sensitive code in order to gain access. The one-time passcode is sent over SMS but also can be delivered via an automated phone call.

Some banks have moved to call-based delivery of passcodes. In theory, that provides better security since SMS messages can be intercepted by some malware, wrote Dinesh Venkatesan of Symantec in a blog post on Tuesday.

But Bankosy has been updated to forward all calls to the attackers, Venkatesan wrote. In the Asia-Pacific region, many operators use a service code in the format *21*[destination number]# to forward calls, which Bankosy has implemented.

The malware also "has support for disabling and enabling silent mode in addition to locking the device so that the victim is not alerted during an incoming call," Venkatesan wrote.

The one-time passcode is used with the victim's login credentials, which the attackers have presumably already obtained.

Symantec detected Bankosy in July 2014. A technical writeup from that time shows the malware also prompted victims to enter their payment card information in a more bold attempt at fraud.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags securitymalwareAndroidoperating systempasscodes

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments