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cerberus trojan: SBI warns customers on Cerberus banking virus – Latest News


The State Bank of India (SBI) has issued an advisory for its customers against the Cerberus Trojan malware. “Beware of fake SMSs claiming to provide big offers or information on current pandemic via unknown links or downloading apps from unknown sources, as they are meant to cheat you,” reads the tweet from the official Twitter handle of SBI.

In the post, the country’s biggest public sector bank also shared an image which is captioned ‘Cerberus Alert’. Seems to be inspired from the latest web series – Pataal Lok, it advises users to be vigilant against frauds which is equivalent to the ‘Swarg lok’. Clicking on unknown links despite being aware of Cerberus Trojan malware is categorised as ‘Dharti lok’. Whereas ending up as a victim of Cerberus Trojan malware is ‘Pataal lok’ equivalent for online banking users.

According to a recent report in Economic Times (ET), the Central Bureau of Investigation (CBI) issued an alert to states and central agencies about the Cerberus Trojan virus. For the unversed, Cerberus Trojan is a malicious software threat that takes advantage of Covid-19 pandemic. The software impersonates legit apps and content related to Covid-19. It usually comes in the form of SMS with Covid-19 related information to trick innocent customers who download or click on the embedded link. Once downloaded, the software deploys its malicious app on their smartphones.

As per the CBI warning, the trojan primarily focuses on stealing banking details like credit card numbers, CVV and more. Additionally, the trojan can use overlay attacks to trick victims into providing personal information as well and can also capture two-factor authentication details. The CBI’s warning was based on the inputs received from the INTERPOL, as per ET report.





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