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iBanking Mobile Bot Source Code available for sale in the underground

iBanking is a new mobile banking Trojan available for sale in the underground for $5,000 according to the RSAs FraudAction Group. The source code fortrojan has been leaked online through an underground forum, this kind of news reports a seriousfrom the cybercrime ecosystem. The app attempts to deceive victims with social engineering techniques requesting administrative rights to perform malicious activities on the handset and avoiding detection. The bot could be commanded via SMS or over HTTP beaconing C&C server every pre-defined interval, then pull and execute the command if one is awaiting it. The app implements the following features:”]

Source: http://securityaffairs.co/wordpress/22486/cyber-crime/ibanking-source-code-leaked.html

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