How to protect your Android phone from the bank account draining Chameleon trojan،
Malware known as Chameleon Android banking Trojan is used by attackers to gain access to Android users' banking and financial applications. Once these cybercriminals gain access to these applications, their goal is to steal all of their victims' money. The Trojan was first spotted earlier this year and tricks victims into granting it permissions by pretending to be a legitimate application. Once the malware has access to a victim's phone, it can monitor how the phone is used and intercept credentials.
Using a fake lock screen, the malware tricks you into providing your PIN code giving it access to your phone.
Now read this carefully. Here's how the malware steals victims' money. The malware will display a fake lock screen asking the user to enter their PIN. The malware records the PIN and unlocks the phone, allowing it to access the victim's banking and financial apps while obtaining other personal information. The malware can send money to attackers' accounts or purchase goods online without the phone owner's knowledge.
Android device users should protect themselves from the Chameleon Android banking trojan.
Change your passwords using a trusted device like your PC or Mac
The Chameleon banking Trojan uses a keylogger that records passwords as they are entered on the infected device. Change passwords for all your apps, starting with financial apps. Here's the problem: don't use the infected phone to change passwords like your computer. Use strong, unique passwords. Also check your online accounts and look for any unusual activity. You should also check your credit reports for signs of identity theft or fraud.
If you see signs that your banking and credit card information has been obtained by attackers, notify banks and credit card companies immediately. Tell your contacts to be on the lookout for messages from you that seem unusual and/or strange.