Security researchers have detected a new Android banking trojan by the name of Red Alert 2.0 that was developed during the past few months and has been recently rolled out into distribution.
According to a report shared with Bleeping Computer before publication, security researchers from Securify first saw ads for this trojan on a hacking forum for Russian-speaking criminals during the spring.
During the past weeks, researchers have identified the first apps infected with this new threat and have tracked down C&C servers used to manage the banking trojan.
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