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Crypto and Banking Apps Targeted by ‘Godfather’ Malware, Warns BaFin

Germany’s financial regulator BaFin has warned that crypto and banking mobile apps are being targeted by cybercriminals using the “GodFather” Android malware.

BaFin stated that the malware has so far attacked 400 crypto and banking apps, including platforms operating out of Germany and 15 other countries, Monday’s announcement revealed. This includes 200 banking apps, 100 crypto exchanges, and 94 crypto wallets, according to a report by PCrisk.

Today’s announcement is the latest warning of the growing threat posed by the GodFather malware. GodFather is among a class of Android-based trojans like Gustuff that targets crypto and banking mobile apps. It tricks its victims by displaying fake versions of online crypto exchange and banking websites. Cybercriminals are able to use the malware to steal the login data of victims.

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