Warning Russian Worm Burrows Into Our Mobile Banking Network
Shah Gilani
Market Oracle
Jun 17, 2014
This is a public service announcement. Really, you need to read this!
If you think your mobile banking app is safe, think again.
Right now, as in this very second, if you have a mobile banking app connected to USAA, Citigroup, American Express, Wells Fargo, Bank of America, TD Bank, JPMorgan Chase, BB&T or Regions Bank, you could be in deep Svpeng.
Svpeng is a breed of malware that targets your mobile device. It doesn’t come from your bank, but gets onto your device through a “social engineering” campaign that uses text messages as a medium of infection.
The worm originally cropped up in Russia last year, where it was used to steal credit and debit card data from mobile phones. The American version does something different – and even more insidious.
You don’t want to get caught in this trap. Now, so you’ll know how to avoid it, I’ll tell you exactly how this worm turns …
The Rest…HERE
