New Android Trojan Steals Money from PayPal Accounts

Researchers from ESET recently discovered a new Android malware which can steal funds from PayPal accounts, even those protected by two-factor authentication.

 

While the malicious app, called Optimization Battery, is currently only available through third-party app stores, it is still incredibly dangerous as it uses an automated system that initiates money transfers which cannot be stopped by the user.

 

During installation, the app reportedly requests access to the Android “Accessibility” permission and uses this after the user logs in and enters his two-factor authentication code.

 

 

Source: ZDNet