Mobile users across Southeast Asia have been subjected to attacks involving the new MMRat Android banking trojan that sought remote device takeovers and bank fraud since June, according to SecurityWeek. Malicious websites spoofing legitimate app stores have been leveraged to facilitate the distribution of MMRat, which when installed seeks user permissions and commences command-and-control communications before performing self-removal to evade detection, a Trend Micro report revealed.

Source: SC Magazine