Xafecopy A New Malware Steals Money Through User's Mobiles : Kaspersky Lab

A new trojan dubbed, Xafecopy has been detected in India, which steals money through user’s mobiles. Around 40 percent are infected with the malware according to Kaspersky.

The report said,“Kaspersky Lab experts have uncovered a mobile malware targeting the WAP billing payment method, stealing money from victims’ mobile accounts without their knowledge”.

Xafecopy trojan acts as a useful mobile application such as mobile booster, battery booster and operates normally. Once infected by the trojan, it starts to download malicious code onto the device, after that the Xafecopy malware clicks on web pages with Wireless Application Protocol(WAP) billing – a form of mobile payments that charge costs directly to the user’s mobile phone bill.

Xafecopy hit 47 countries within a month, with 37.5 per cent of the attacks detected and blocked by Kaspersky Lab Products in various countries like India, Russia and Mexico and it is mostly targeting where payments gateways are mostly used.

Xafecopy silently subscribes user’s to multiple services without any requirement of debit or credit card. It also bypasses ‘captcha’ system, which is made to protect users by confirming the actions manually by users.

Kaspersky Lab Senior Malware Analyst Roman Unuchek said,”The malware also has the ability to send text messages to premium rate phone numbers and can delete text messages to hide alerts from mobile operators about the stolen money.

Xafecopy malware cyber attack is mainly targeting those countries, where payment gateways are most popular.

Kaspersky Lab has also noticed that cyber gangs are sharing malicious codes among themselves and Xafercopy can be one of them and the attack is still on the rise.

Android users should be cautious in clicking any external unknown links or downloading any apps from unknown sources or any third party apps. To protect from Xafecopy like Trojan malware, Android users should be running a mobile security application on their devices.

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