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Security researchers uncover malware that wants to steal Gmail, GPay and Google Password Manager cookies as well as hold your smartphone to ransom.
Ransomware on a smartphone is now a thing However, perhaps the most worrying new development can be found in SOVA version 5. While still in development, this version has already started appearing in the hands of threat actors, and Cleafy has seen"multiple samples" through its threat intelligence platform.
That development is the inclusion of a ransomware module. Yes, you heard that right, ransomware on a smartphone.It would appear that this module allows for the encryption of files using an AES algorithm. Although plenty of data is stored in, or backed up to, the cloud, this could still prove to be a strategically sound move from the criminal side of the fence. Despite, one would assume, having the ultimate respite of simply factory-resetting your phone, it's likely that enough users, especially at the less technically savvy end of the equation, would be prepared to pay an affordable ransom to get their phone working correctly again. You only have to think about the panic that sets in when you misplace or lose your phone, or if it bricks, to know this will happen.
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