One of our SophosLabs researchers, Anna Szalay, made an interesting discovery recently: a new type of Android malware that slips in through a security hole in the USB debugging feature that allows developers to modify their Android devices. Naked Security expert Paul “Duck” Ducklin reports that this malware can intercept your SMS text messages to steal bank transaction details.

Duck explains in his post that intercepting SMSes from your Android phone allows the attackers to steal information they can use to access, for example, your email accounts or bank accounts:

The crooks want to infect you with malware that knows how to intercept incoming SMSes and redirect their content elsewhere. You can see where this is going: mobile malware that reads your SMSes before you do can steal important data such as the two-factor authentication (2FA) codes sent by your email provider or your bank, giving cybercriminals a way into your account despite the extra layer of protection in place.

SophosLabs detects this SMS-stealing malware as Andr/FakeKRB-H. As Duck explains, this malware gets onto your Android in a multi-step process that starts with your device getting infected by a crafty piece of Windows malware that sneaks in through the USB connection between your Android and a PC. This “helper” malware is a downloader detected by SophosLabs as Troj/DwnlAPK-A.

If you connect your Android to a PC infected by Troj/DwnlAPK-A, the malware sneaks in under the guise of files that “appear to be regular, clean files that enable full USB-to-phone connectivity on Samsung and LG devices,” Duck writes.

Then, once the downloader is installed, it loads the Android malware onto your device in what appears to be an app disguised as a Google-imitating “Google App Store” (the real Google store is simply called “Play Store”).

This is a good reminder that the bad guys continue to develop inventive ways of compromising our security to get at our most valuable data. Read the article at Naked Security to learn more about this malware and how to block it with security settings on your Android.

You can read the original article here and here.