Malware resets Android devices after performing fraudulent wire transfers

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If your Android phone initiates a factory reset out of the blue, there’s a chance it has been infected with the BRATA banking malware and you’ve just been ripped off. The unusual functionality serves as a kill switch for the trojan, Cleafy researchers have explained, while also making the victim lose time trying to find out what happened as crooks siphon money out of their account. European users under attack First documented by Kaspersky researchers … More

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Source: help net security.com