A new Android banking trojan is also ransomware

Posted by abennett on Feb 19, 2016 9:57 AM
By CSOonline.com
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Xbot, new kind of Android malware, steals online banking credentials and can hold a device's files hostage in exchange for a ransom, delivering a particularly nasty one-two punch. It's not widespread yet but is targeting devices in Australia and Russia.

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