Dangerous Malware, Grandoreiro on Rampage Stealing Banking Details, NITDA Warns

Dangerous Malware, Grandoreiro on Rampage Stealing Banking Details, NITDA Warns

A dangerous malware, Grandoreiro is on rampage with a significant threat, using advanced techniques, including screen overlay attacks and remote device control, to steal sensitive information such as banking credentials and personal data.

The National Information Technology Development Agency has alerted Nigerians about a banking malware, which targets users globally through sophisticated phishing campaigns.

The advisory was released by NITDA’s Computer Emergency Readiness and Response Team on Monday.

According to the agency, the new version of the Grandoreiro is a significant threat, using “advanced techniques, including screen overlay attacks and remote device control, to steal sensitive information such as banking credentials and personal data.”

The malware, NITDA explained is primarily distributed via phishing emails and fraudulent websites that deceive victims into downloading malicious software disguised as legitimate updates or documents.

Once installed, the malware bypasses security controls, granting attackers unauthorised access to users’ devices.

NITDA warned that the malware could lead to financial losses and identity theft.

The agency urged the public to exercise caution and adopt recommended security measures, to mitigate the risk,

“Cyber threats like Grandoreiro are evolving, and users need to stay vigilant and adopt robust security practices to protect their information,” the agency advised.

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