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An e-crime actor of Mexican provenance has been linked to an Android mobile malware campaign targeting financial institutions globally, but with a specific focus on Spanish and Chilean banks, from June 2021 to April 2023.

The activity is being attributed to an actor codenamed Neo_Net, according to security researcher Pol Thill. The findings were published by SentinelOne following a Malware Research Challenge in collaboration with vx-underground.

“Despite using relatively unsophisticated tools, Neo_Net has achieved a high success rate by tailoring their infrastructure to specific targets, resulting in the theft of over 350,000 EUR from victims’ bank accounts and compromising Personally Identifiable Information (PII) of thousands of victims,” Thill said.

Some of the major targets include banks such as Santander, BBVA, CaixaBank, Deutsche Bank, Crédit Agricole, and ING.

images from Hacker News