Android app intercepts one-time authorisation codes for Internet banking

IBM X-Force researchers have discovered an app called TrickMo that intercepts one-time authorisation codes sent to Internet banking customers via SMS or push notifications. It is able to complete false transactions.

The app exclusively targets German users. After installing, it  intercepts transaction authentication numbers (TANs), including one-time password (OTP), mobile TAN (mTAN), and pushTAN authentication codes. 

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