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Cerberus Banking Trojan Emerges To Fill Market Gap

Banking trojans, malware-as-a-service (MaaS), and others are just some of the terms used by security researcher’s to define malware types and cybercrime. This jargon can come to be a headache for some and a nightmare for others when they find out their bank accounts have been cleaned out. With the emergence of Cerberus, a banking trojan sold as a service to rent to any interested party is now filling a gap in the market left by other such trojans which also rented out their services who have subsequently thrown in the towel. Like those that have stopped operations Cerberus actively targets mobile phones running Android. In an article published by researchers from security firm ThreatFabric, has revealed details about the trojan, named after the mythological three-headed dog who guarded the gates to the underworld. Before Cerberus is looked at, it is wise to unpack exactly what a banking trojan is as well as t...

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