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20-07-2016 08:18 AM
Andoid users are being warned about a new strain of malware which steals bank details and blocks you from calling your bank to report suspicious activity on your account.
Dubbed Android.Fakebank.B, the malware first started infecting phones in 2013, however a new strain has now been unearthed by US based cyber security firm Symantec.
The malicious app works by replacing banking apps on your device with a cleverly designed fake, which allows cyber criminals to access your account and transfer funds.
When a user then spots the scam and tries to report it to their bank, the app blocks any customer service numbers from being called from the infected handset, preventing the user from reporting fraudulent transactions.
Of course the malware is unable to prevent people from reporting to their banks in person or via an alternative method such as by email or online. However, until they do this, the hackers have complete access to their bank account.