A new mobile banking Trojan called ERMAC has been found recently, and this malware resembles to have been manufactured by cybercriminals at BlackRock, which is based on the roots of the infamous Cerberus.
ERMAC is a code successor to a well-known Cerberus malware, and this malware uses almost indistinguishable data structures when communicating with the C2, as well as uses the same string data.
Despite having a diverse name and using different obfuscation methods and new string encryption, the threat actors have symbolized it as “ERMAC,” it’s another Cerberus-based Trojan.
Moreover, the threat actors are actively abusing this malware through several active campaigns in which they are targeting more than 378 popular baking and wallet apps with overlays.
The cybersecurity experts at ThreatFabric have noted that a forum member knows as Ermac, normally invited random person those who are interested regarding this topic to transfer a PM to make a dea+l on August 17.
However, the most important point is that the topic originator claim that he obtained the contact 4 days earlier. And on the same day, there is another forum member, “DukeEugene,” and soon he has posted a message on his account that says:-
“Android botnet ERMAC. I will hire a new android botnet with broad functionality to a restricted circle of people (10 people). 3k$ per month. Details in PM.
The experts described DukeEugene as a known threat actor who is behind the BlackRock banking trojan which was initially found in 2020.
You can’t escape Cerberus”
After encountering ERMAC samples, the security analysts thought it to be just another alternative of Cerberus as the code that got leaked several times, and at the same time, many threat actors tried to develop their own malware based on its references.
Here’s the list of commands used:-
Here they have recognized several campaigns with the involvement of ERMAC, while the initial major campaign was begun in late August where ERMAC was disguised as Google Chrome.
Not only this, but they have also noted that ERMAC was disguising themselves as antivirus, banking, and media player apps, and many more.
But, the whole formation of the ERMAC story determines that how malware source code expenditures can lead not only to the slow disappearance of the malware family but also bring new threats actors to the threat landscape.
Moreover, ERMAC comes up with a couple of new features, yet it lacks some compelling features like RAT, and it is nevertheless a threat to mobile banking users and financial institutions all over the world.-
You can follow us on Linkedin, Twitter, Facebook for daily Cyber security and hacking news updates.
NSA, CISA, and NIST have released joint security guidelines to help organizations detect, contain, and…
Hackers are exploiting a command injection flaw in SiteGuard Server Edition, a web application firewall…
A newly registered domain copies Microsoft Teams’ login page and interface, raising concerns about a…
A 16-year-old flaw in Broadcom’s Wi-Fi software can let attackers within wireless range take control…
Google has announced a new set of Android security protections designed to stop mobile scams…
Hackers are exploiting flaws in Plex Media Server to install cryptocurrency mining malware, with a…