Slow Fog Security Alert: Android Banking Trojan "Crocodilus" Targets encryption Users

On June 4th, SlowMist released a security alert about the Android banking Trojan “Crocodilus” which has emerged after recent updates, targeting global Crypto Assets users and banking applications. The main threats include: propagation through fake browser updates in Facebook ads; credential theft via overlay attacks; extraction of Wallet mnemonic phrases and Private Keys; injection of fake “bank support” numbers into contact lists; malware as a service: available for rent (costing $100-300 per attack). Users are advised to avoid unknown app updates and ad links.