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Newly discovered Android malware poses as different apps as it steals passwords and MFA codes in the background.

A new Android trojan called Chameleon has been targeting users in Australia and Poland since the start of the year, mimicking the CoinSpot cryptocurrency exchange, an Australian government agency, and the IKO bank.

The Chameleon banking trojan is a new malware strain that’s already posing a threat to Android users by stealing their passwords, harvesting their text messages and more.

The new malware was discovered targeting three banks in Brazil.

Operators of the Xenomorph banking trojan have updated the Android banker to allow more seamless financial fraud efforts, The Hacker News reports.

Hackers could also snoop on your location, steal your files, and even make wire transfers from your bank apps.

The Android banking malware was first discovered by Group-IB analysts, who think it is the heir of Anubis.

Germany's finance regulator reports that more than 400 banking and cryptocurrency applications worldwide have been attacked by a malware variant known as

Cybercriminals are using CypherRat’s to create malicious apps after the malware’s source code was posted online by its creator.

The malware generates fake login screens that appear on top of legitimate banking and crypto exchange apps' login forms, stealing victims' passwords.