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Mahesh

16/09/22 12:49 PM IST

Government cautions net banking users over SOVA virus attack

In News 
  • The Indian Computer Emergency Response Team (CERT-In) has issued a detailed safety advisory against a new mobile banking ‘Trojan’ virus, SOVA, prowling in Indian cyberspace, which stealthily encrypts an android phone for ransom.
Advisory 
  • SOVA android Trojan captures usernames and passwords
  • Hides within fake apps with logos of other popular apps
  • Targeting over 200 mobile applications
  • Attacks can result in ‘large-scale’ financial frauds
  • Download apps only from official stores: CERT-In
Sova Virus 
  • A new banking malware is targeting bank customers using SOVA android Trojan with the ability to harvest usernames and passwords.
  • The malware hides itself within fake android applications displaying logos of legitimate applications like Chrome, Amazon, and NFT (non-fungible token) platforms and deceive users into installing them. The virus has upgraded to its fifth version after it was first detected in July this year.
  • This malware captures user credentials when users access their bank accounts through net banking applications.
  • This version of SOVA is targeting over 200 mobile applications and its attacks can result in ‘large-scale’ financial frauds.
CERT-IN 
  • Computer Emergency Response Team - India is an organisation of the Ministry of Electronics and Information Technology with the objective of securing Indian cyberspace.
  • It is the nodal agency which deals with cybersecurity threats like hacking and phishing.
  • It collects, analyses and disseminates information on cyber incidents, and also issues alert on cybersecurity incidents.
  • CERT-IN provides Incident Prevention and Response Services as well as Security Quality Management Services.
Source- The Tribune 

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