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ToxicPanda Android banking trojan targets Europe and LATAM, with a focus on Italy

  • The ToxicPanda Android malware has infected over 1,500 devices, enabling attackers to perform fraudulent banking transactions.
  • ToxicPanda has infected thousands of devices across Italy, Portugal, Spain, and Latin America, targeting 16 banks.
  • The malware uses On-Device Fraud (ODF) techniques to bypass bank security measures and initiate account takeovers.
  • Experts speculate that Chinese-speaking individuals may be behind the malware campaign, indicating a potential shift or expansion in their operational focus.

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