German government warns of ‘Godfather’ malware targeting banking and crypto apps

The Federal Financial Supervisory Authority (BaFin) of Germany warned Monday about malware called “Godfather” that fakes a banking or crypto platform login screen to steal a user’s information.

Fast facts

• The malware targeted around 400 banking and crypto apps, including those from German operators.

• The malware infects web devices in an unknown manner, but once it gets inside it displays a fake website for popular banking and crypto apps.

• Additionally, the malware sends push notifications to the user’s device requesting two-factor authentication codes. The purpose of two-factor authentication is to protect an account by requiring two separate forms of identification.

• “With this data, cybercriminals may be able to access consumers’ accounts and wallets,” said BaFin. 

• Godfather malware warnings first appeared online in December, with early reports claiming it targeted Android devices in at least 16 countries. 

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