Cerberus banking Trojan source code released for free to cyberattackers

The source code of the Cerberus banking Trojan has been released as free malware on underground hacking forums following a failed auction.

Speaking at Kaspersky NEXT 2020 on Wednesday, Kaspersky cybersecurity researcher Dmitry Galov said that the leaked code, distributed under the name Cerberus v2, presents an increased threat for smartphone users and the banking sector at large.

Cerberus is a mobile banking Trojan designed for the Google Android operating system. In circulation since at least July 2019, the Remote Access Trojan (RAT) is able to conduct covert surveillance, intercept communication, tamper with device functionality, and steal data including banking credentials by creating overlays on existing banking, retail, and social networking apps.

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Source: ZDNet