A new social engineering-based malvertising campaign targeting Japan has been found to deliver a malicious application that deploys a banking trojan on compromised Windows machines to steal credentials associated with cryptocurrency accounts. The application masquerades as an animated porn game, a reward points application, or a video streaming application, Trend Micro researchers Jaromir Horejsi and Joseph C Chen said in an analysis published last week, attributing the operation to a threat actor it tracks as Water Kappa, which was previously found targeting Japanese online banking users with the Cinobi trojan by leveraging exploits in Internet Explorer browser.

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