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How cybercriminals are using bogus login pages to steal your banking information

Russian cyber criminals have attacked major Australian banks with a new malware program, named Octo, obtained privately from the dark web. Octo overlays fake login pages on legitimate banking apps; any login data input into these false pages can be sent directly to cyber criminals. The malware can also record calls, bypass multi-factor authentication, send text messages, and harvest contacts. Android phones, of which 52.9 percent of Australians own, are the target of this malware.

Source: www.abc.net.au –

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