New Android Malware Posing As IPTV Streaming Apps Can Drain Your Bank Account

Threat actors are always looking for new ways to infect the devices of unsuspecting victims, and the security pros at Threat Fabric have uncovered a campaign utilizing a new piece of malicious software to target Android users. Massiv, a banking trojan, is described by the security researchers as a “new Device Takeover malware family without direct links to other known threats.”

As commonly seen with other malware, attackers are going to great lengths trick users into installing Massiv. For this campaign the malware is being distributed by passing it off as a legitimate IPTV application. In an era where streaming services are becoming more expensive, people are looking for different and more cost-effective ways to get their fill of movies and television, so it makes it an attractive avenue for malicious actors to exploit.

Once installed on a victim’s device, Massiv is able to keep tabs on what apps ...