A new Android-based banking Trojan is trying to steal mobile payments in Brazil as they are being sent This article explores banking trojan specifically. . The Trojan is called "PixRevolution" and it takes advantage of the fact that Pix is a mobile instant payment system that the Central Bank of Brazil set up in 2020 and that more than three-quarters of Brazilians use.
In a blog post, malware analyst Aazim Yaswant said that the zLabs team at mobile security company Zimperium found a new type of banking Trojan that "specifically targets this system and implicitly targets most Brazilian financial institutions." Sadly, banking Trojans are well-known in Brazil, the largest country in South America. One, called Maverick, came out in 2024 and stops working if the victim is outside of Brazil.
The answer to why these attacks happen so often is more complicated. It has to do with the high use of mobile payments in the country and other problems with security in Latin America. How to Protect Yourself from PixRevolution Yaswant said that PixRevolution is a new type of mobile financial fraud that combines real-time operators with traditional malware to create a more precise attack.
Related: Salesforce Cloud Configs That Are Too Open Are Under Attack "This type of malware avoids the usual arms race between automated Trojans and defenses for banking apps." The analyst said, "It doesn't need to reverse-engineer the UI of each bank." "It doesn't need to keep a list of target apps. It doesn't have to guess when a deal is going on.
