There has been a recent surge in warnings about cyber threats that can drain your bank account through deceptive messages and malware.

There has been a recent surge in warnings about cyber threats that can drain your bank account through deceptive messages and malware. Specifically, a new banking Trojan called “GoldPickaxe” has been identified, primarily targeting iPhone users by stealing sensitive data and accessing bank accounts. This Trojan utilizes AI deepfakes to impersonate victims and bypass security measures. Users are advised to be cautious about installing apps through non-traditional methods like TestFlight and to avoid granting unnecessary permissions on their devices.

Similarly, Android users are at risk from a malware named “BingoMod.” This malware can steal large amounts of money and then wipe the infected device clean. It typically spreads through SMS phishing (smishing) campaigns and often disguises itself as legitimate apps. Users are advised to avoid installing apps from unknown sources and to be cautious of apps requesting unnecessary permissions.

To protect yourself, it’s crucial to download apps only from trusted sources, regularly update your device’s software, and monitor your accounts for any suspicious activity. Using strong, unique passwords and enabling two-factor authentication can also help safeguard your personal and financial information.