Recently a new malware (virus) has been found in cyberspace which is extremely dangerous for Android phones and bank accounts. This virus is called ToxicPanda.
According to a report by India Today, severe insecurity is being felt around the world regarding this virus. This Trojan is spreading rapidly in systems around the world.
Apart from Android phones, this virus is also targeting bank accounts. Complaints in this regard are increasing. Experts say that it is necessary to be careful while surfing online at this time.
‘Poison Panda’ has managed to trick Google Chrome and banking apps. According to the threat intelligence team of cyber security firm Cleafy’s, Toxic Panda has infected more than 1500 devices in Europe and Latin America so far.
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According to researchers, Toxic Panda is actually a Trojan that corrupts financial affairs. This malware is derived from TgToxic. This new variant is exceptionally specialised.
This Trojan is also capable of bypassing banks’ standard security measures and making illegal withdrawals from users’ accounts.
Cybercriminals are using this Trojan to crack one-time passwords. At the same time, it has been able to capture the system of any Android phone and obtain standard permissions for high-level device functions.
A prominent feature of the ‘Poison Panda’ Trojan is that it allows access and disposal of any account from anywhere in the world.
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This Trojan can also attack by disguising any known app. People whose Android phones are targeted by this malware have no idea that their mobile phones are at stake until they receive their bank statements.
The researchers said that ‘Toxic Panda’ usually shows its activity when the cell phone users are surfing and downloading apps from Google Play Store or Galaxy Store. Cybercriminals create fake app pages to induce users to download this malware.
Monitoring and caution are necessary to ensure the security of Android devices and sensitive financial information. One should keep an eye on the relevant security updates in this regard.
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A good way is to download any app from official sources like Google Play and Galaxy Store. Sideloading from any unofficial third-party site increases the chances of getting infected with a Trojan virus.
Software companies that issue recovery security updates should be followed with due care. These updates are required to properly address any emerging threats. Make sure your device’s operating system and apps are updated.
Keep a close eye on the activity appearing on your bank accounts. Set up alerts for suspicious transactions so you get timely notifications.
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**Interview with Cybersecurity Expert Dr. Sarah Kim on the Emergence of ToxicPanda Malware**
**Editor:** Thank you for joining us today, Dr. Kim. We’re hearing alarming reports about a new malware called ToxicPanda that poses significant threats to Android users and their bank accounts. Can you give us an overview of what ToxicPanda is?
**Dr. Kim:** Absolutely, and thank you for having me. ToxicPanda is a Trojan malware that’s primarily targeting Android phones. It’s causing quite a stir across the globe because of its capabilities. Originally derived from another strain known as TgToxic, this variant is particularly sophisticated and has the ability to bypass standard bank security measures.
**Editor:** That sounds serious. What specifically makes ToxicPanda a threat to users’ bank accounts?
**Dr. Kim:** ToxicPanda is designed to intercept and exploit sensitive information, including one-time passwords (OTPs). This means that once it infects a device, cybercriminals can potentially withdraw funds without the user’s consent. It’s infected over 1,500 devices, mainly in Europe and Latin America, and the worry is that it could spread further if users aren’t cautious.
**Editor:** What advice can you give to our viewers on how to protect themselves against this Trojan?
**Dr. Kim:** Vigilance is key. Users should avoid downloading apps from unverified sources and be cautious while clicking on links, especially in phishing emails or messages. It’s also wise to keep your device’s operating system and apps updated to the latest versions, as these updates often include security patches that can help protect against such vulnerabilities.
**Editor:** Are there specific signs that someone might be infected with ToxicPanda?
**Dr. Kim:** Yes, users should watch out for unusual behavior on their phones, such as unfamiliar apps, unexpected battery drain, or erratic performance. If your bank account experience any suspicious activity, it’s crucial to react quickly, such as changing passwords and notifying your bank.
**Editor:** ToxicPanda seems to be particularly adept at tricking security systems. How do you foresee the cybersecurity industry responding to this new threat?
**Dr. Kim:** The cybersecurity community is already taking action by analyzing the malware’s behavior and deploying countermeasures. In the long term, we may see enhanced security features integrated into banking apps and increased awareness campaigns to educate users on identifying and avoiding such threats.
**Editor:** Thank you, Dr. Kim, for sharing your insights on this critical issue. It’s vital for our audience to remain informed and proactive about their online security.
**Dr. Kim:** Thank you for having me. Staying informed and cautious is our best defense against threats like ToxicPanda.