Hackers circumvent 2-step authentication using complex new trojan

12/10/2012 | ZDNet

European hackers have stolen millions of dollars from online banking customers using a sophisticated "Eurograbber" trojan that infiltrates the two-step authentication process in mobile transactions. The bug, which primarily targets Android and BlackBerry devices, is delivered via a phishing e-mail or corrupt website and poses as a required "security upgrade" to trick banking customers into installing it on their phones.

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