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Describing the threat these malicious pieces of software pose Check Point said: The AlienBot malware family is a Malware-as-a-Service (MaaS) for Android devices that allows a remote attacker, at a first step, to inject malicious code into legitimate financial applications. The attacker obtains access to victims’ accounts, and eventually completely controls their device. Upon taking control of a device, the attacker has the ability to control certain functions just as if he was holding the device physically .
The dangerous financial malware was found on harmless-looking apps such as Pacific VPN, Cake CPN, BeatPlayer, QRecorder, QR/Barcode Scanner Max.