20 May, 2020
3 Min Read
Malicious software called Cerberus is stealing financial data such as credit card details by luring people with COVID-19-related information, the Central Bureau of Investigation has warned states, Union territories and agencies after receiving Interpol inputs.
The Trojan virus contacts smartphone users via text messages and asks to click on a link saying it will provide COVID-19 updates. When clicked, the link installs a malicious application on their phones, which extracts sensitive financial data.
This malicious software takes advantage of the COVID-19 Pandemic to impersonate and send SMS using the lure of COVID-19-related content to download the embedded malicious link, which deploys its malicious app usually spread via phishing campaigns to trick users into installing it on their smartphones.
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