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Hackers are selling counterfeit phones with crypto-stealing malware

Cybersecurity agency Kaspersky says it has uncovered hundreds of counterfeit Android smartphones bought on-line with preinstalled malware designed to steal crypto and different delicate knowledge. 

The Android gadgets are bought at lowered costs, cybersecurity agency Kaspersky Labs mentioned in an April 1 assertion, however are riddled with a model of the Triada Trojan that infects each course of and offers the attackers “nearly limitless management” over the system. 

Dmitry Kalinin, a cybersecurity professional at Kaspersky Labs, mentioned that after the trojan grants the attackers entry to gadgets, they’ll steal crypto by changing pockets addresses. 

“The authors of the brand new model of Triada are actively monetizing their efforts; judging by the evaluation of transactions, they had been capable of switch about $270,000 in varied cryptocurrencies to their crypto wallets,” he mentioned. 

“Nevertheless, in actuality, this quantity could also be bigger; the attackers additionally focused Monero, a cryptocurrency that’s untraceable.”

Among the many trojan’s different capabilities are stealing person account data and intercepting incoming and outgoing texts, together with two-factor authentication. 

The trojan penetrates smartphone firmware even earlier than the cellphone reaches customers, and a few on-line sellers may not even concentrate on the ticking time bomb within the system, in line with Kalinin.

“Most likely, at one of many phases, the provision chain is compromised, so shops might not even suspect that they’re promoting smartphones with Triada,” he mentioned. 

At this stage, Kaspersky researchers say they’ve discovered 2,600 confirmed infections by this rip-off in numerous nations, with the vast majority of customers in Russia encountering it within the first three months of 2025.

Cryptocurrencies, Wallet, Malware, Hackers, Scams

 The Android gadgets are bought at lowered costs however are riddled with malware. Supply: Hovatek

The Triada malware first surfaced in 2016 and is understood for focusing on monetary purposes and messaging apps like WhatsApp, Fb and Google Mail, in line with cybersecurity agency Darktrace. It’s usually delivered by malicious downloads and phishing campaigns. 

“The Triada Trojan has been recognized for a very long time, and it nonetheless stays probably the most complicated and harmful threats to Android,” Kalinin mentioned.