New ERMAC 2.0 Android malware steals accounts, wallets from 467 apps

The ERMAC Android banking trojan has released version 2.0, increasing the number of applications targeted from 378 to 467, covering a much wider range of apps to steal account credentials and crypto wallets.

The goal of the trojan is to send stolen login credentials to threat actors, who then use them to take control of other people’s banking and cryptocurrency accounts and conduct financial or other forms of fraud.

ERMAC is currently sold to members of darknet sites at a subscription rate of $5,000 per month, which is $2k over the price tag of the first version, reflecting the upgrade in features and its popularity.

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Source: Bleeping Computer