LokiBot Android Banking Trojan Turns Into Ransomware When You Try to Remove It

itman · Oct 24, 2017

Security researchers have spotted a new Android banking trojan named LokiBot that turns into ransomware and locks users' phones when they try to remove its admin privileges.

The malware is more banking trojan than ransomware — according to SfyLabs researchers, the ones who discovered it — and is used for this purpose primarily.

Just like similar Android banking trojans, LokiBot works by showing fake login screens on top of popular apps. LokiBot targets mobile banking apps by design, but also popular non-banking apps such as Skype, Outlook, and WhatsApp.

LokiBot sold online for $2,000

Similar to Svpeng, CryEye, DoubleLocker, ExoBot, and other recent Android malware families, LokiBot is also sold online on hacking forums. The price for a full LokiBot license is $2,000, paid in Bitcoin.
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https://www.bleepingcomputer.com/ne...ns-into-ransomware-when-you-try-to-remove-it/

ronjor · Oct 24, 2017

Posted here. > https://www.wilderssecurity.com/thr...-ransomware-when-you-try-to-remove-it.397487/

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LokiBot Android Banking Trojan Turns Into Ransomware When You Try to Remove It

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LokiBot Android Banking Trojan Turns Into Ransomware When You Try to Remove It

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