Experts have discovered Asacub, a banking trojan which started actively attacking Android users in January. Our experts managed to track its evolution step-by-step. A banking trojan is a type of malware which is installed a mobile device and employs certain techniques to steal money from the user’s credit cards.

Recent versions of Asacub does it by luring a user into submitting credit card credentials via phishing screens. Obviously, this data is not going to a legitimate bank. At first, researchers suggested the banking trojan was targeting Russia and Ukraine exclusively, due to the fact that the phishing resembled the login screens of some Russian and Ukrainian banks.