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International Business Times
International Business Times
Business
Marvie Basilan

SHOCKING: Crocodilus new android malware remotely controls devices to hijack crypto wallets - What They Never Told You

A new Android malware has emerged, equipped with modern techniques to drain crypto wallets. (Credit: UNSPLASH)

KEY POINTS

  • ThreatFabric warned that the Crocodilus malware family was a "fully-fledged threat"
  • Crocodilus allows attackers to have remote control of Android devices
  • The malware also launches black screen overlays to harvest user data, including seed phrases

Security threats are always hounding the cryptocurrency industry, especially now when adoption is increasing and more people are exploring the big world of digital assets. Recently, a cybersecurity team detected a new family of malware that targets Android devices designed to steal crypto assets, Crocodilus.

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