How Toxicpanda malware is causing damageImage credit source: Freepik
A big threat looms over Android smartphone users. A new malware is spreading rapidly on Android devices and the name of this threat is ToxicPanda. How does this new malware enter the device, how does it cause damage, and how can this dangerous malware be avoided?
This malware enters devices in the form of banking application and Google Chrome. The team at the cybersecurity company Cleafy Threat Intelligence has detected this malware. This malware bypasses banking security by breaking into the device and then withdraws money from the user’s bank account.
This malware is more dangerous because through it, remote hackers can take control of your device from anywhere. Toxic Panda malware is difficult to identify because it looks like popular applications.
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Toxic Panda was created from a malware family called TgToxic and the goal of this new malware is to cause financial losses. This malware has been designed in such a way that it hacks the accessibility feature of the Android phone and accesses the OTP received on the phone.
This is how ToxicPanda enters the phone
Researchers said Toxic Panda enters your Android smartphone when you leave official app stores like Google Play or Galaxy Store and download the app through third-party sites. There is currently no information available on who developed Toxic Panda, but researchers believe it was developed in Hong Kong.
How to avoid ToxicPanda malware?
If you want to keep yourself and your bank account safe, please do not download the app by mistake from anywhere other than Google Play Store or Galaxy Story. Downloading apps through unknown third-party sites may increase the risk of malware attacks on your device. If the company has rolled out a software update for the phone, definitely update the phone.
