The National Information Technology Development Agency (NITDA) has alerted the public to the emergence of a new variant of the Grandoreiro banking malware, targeting users worldwide through advanced phishing campaigns.
In an advisory issued by NITDA’s Computer Emergency Readiness and Response Team, the malware was described as a severe cybersecurity threat, employing techniques such as screen overlay attacks and remote device control to steal sensitive information, including banking credentials.
Distributed through phishing emails and fake websites, the malware bypasses security protocols once installed, enabling unauthorized access to devices. NITDA warned of the potential for financial losses and identity theft, urging users to adopt precautionary measures.
The agency recommended avoiding unknown links, downloading software only from trusted sources, enabling multifactor authentication, and keeping antivirus software updated.
It also advised against using public Wi-Fi for financial transactions and encouraged regular monitoring of bank accounts to detect unauthorized activities.
“Cyber threats like Grandoreiro are constantly evolving, requiring heightened vigilance and strong security practices,” NITDA stated.