What is SOVA virus: 200 mobile banking apps hacked


SOVA virus: Several Indian banks, including SBI and PNB, have warned that a new type of virus known as SOVA virus is targeting Indian consumers. This new virus enters the mobile phones of users and is hard to uninstall. The alert was issued by Indian Computer Emergency Response Team or CERT-In. A new version of the Trojan virus, SOVA, has reportedly targeted over 200 mobile banking and crypto apps and is stealing their login credentials and cookies. It can hold the information to ransom.

What is SOVA virus?

SOVA is an Android banking trojan malware that targets banking apps to steal personal information and adds false layers over a range of apps. These layers help the malware mimic the payment app. The malware was first detected for sale in the underground markets in September 2021.

What can SOVA virus do?

SOVA virus can steal usernames and passwords via keylogging, stealing cookies and adding false overlays to a range of apps. There are several functions an SVA malware can perform. These include performing gestures like swiping, stealing cookies, taking screenshots, and adding false overlays. The virus has also undergone an update. Now, it can encrypt all the data and hold it for ransom.

How does SOVA virus work?

The malware spreads through smishing. Smishing is a process where fraudulent SMS are sent to individuals prompting them to share their details, including passwords. Once the app is downloaded on the mobile phone, the malware sends the list of all the downloaded apps to the server that the attacker controls. The server sends back the list of targeted apps to the malware and stores the critical information in an XML file. The malware and the server then manage the apps.

It can not be uninstalled

After the latest updates, when a user tries to uninstall an attacked app, they will be unable to do so. A message, “This app is secured”, will be displayed on the screen.

How can users protect themselves?

You are advised to download the mobile apps only through official app stores. Also, check the “Additional Information” section while downloading the apps and review the app details, number of downloads and user reviews. You are advised not to browse un-trusted websites or follow un-trusted links and exercise caution while clicking on the link provided in any unsolicited emails and SMSs In case of any unusual activity in the bank accounts, immediately report it to the respective banks.

━ related

Tata Secures its Position as India’s Most Valuable Brand for the Second Consecutive Year: Brand Finance Report

In a resounding victory, Tata Group has successfully retained its prestigious title as India's most valuable brand for the second year running, according to the latest Brand Finance Report. Additionally, Taj, a subsidiary of Tata Group, has emerged as the strongest brand in the country for the second consecutive year, solidifying Tata's unrivaled dominance in the business realm.

Live Updates on RBI Monetary Policy: Key Decisions and Implications

Stay informed with live updates on the Reserve Bank of India's (RBI) monetary policy. This article provides real-time information on the central bank's policy decisions, including interest rates, liquidity measures, and other economic indicators, along with their potential impact on the Indian economy and financial markets.

Celebrating World Oceans Day 2023: Preserving Our Blue Planet

World Oceans Day 2023 is a global celebration that emphasizes the significance of our oceans and the urgent need to protect and preserve them. This year's theme highlights the crucial role of oceans in sustaining life on Earth and calls for collective action to address the environmental challenges they face.

Ukraine’s Nova Kakhovka Dam Disaster: Key Points on the Strategically Important Reservoir

The Nova Kakhovka Dam in Ukraine has recently experienced a disaster, highlighting the significance of this strategically important reservoir. Here are key points to understand the implications of the incident and its potential impact on Ukraine's water management, energy production, and regional stability.

World Bank Cuts India’s GDP Growth Forecast for FY24 to 6.3% While Raising Global Outlook

The World Bank has revised India's GDP growth forecast for the fiscal year 2023-2024, projecting a rate of 6.3%. This downward revision reflects the challenges faced by the Indian economy, while the global outlook has been revised upwards. The World Bank's assessment highlights the need for policy measures to address the factors impacting India's economic growth.