The trojan imitates 232 Android mobile banking apps including the likes of SBI, HDFC etc.
IT security firm, Quick Heal has warned that there is an Android trojan which is being spread through various flash players applications and it imitates banking application like that of SBI, HDFC, ICICI, IDBI and Axis.
It is being spread through some flash player apps and once downloaded it tries to imitate the banking apps.
Once it does, the trojan shows fake notifications and tricks the user to enter the credentials.
"Users are advised to avoid downloading apps from third party app stores or links provided in SMSs and emails to keep their credentials safe," Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal Technologies Limited, said in a statement.
"It is also strongly advised to keep device OS and mobile security app up-to-date," he added.
Recently, we also wrote extensively about smartphone banking vs PC banking which you can refer for more insight on pros and cons of smartphone banking.