What is FatBoyPanel, a malware targeting Indian bank accounts that has hit 25 mn devices?
AI-driven mobile security firm Zimperium's Chief Scientist Nico Chiaraviglio said FatBoyPanel is a mobile-first banking trojan that has stolen information from over 25 million devices and targets Indian users. Scammers pose as trusted entities or officials and send a malicious APK to victim to download. Once installed, the app gains access to sensitive data and steals OTPs.