Experts at Kaspersky Lab are following the evolution of Svpeng Android malware, born as banking trojan and evolved in ransomware which hit US customers.
The mobile malware Svpeng is evolving and recent versions were adapted to classic extortion scheme targeting Android devices in the US.
Svpeng was detected for the first time one year ago by experts at Kaspersky Lab, first instances were designed to steal payment card information from customers of a Russian bank. In the last weeks, a new variant of Svpeng malware was identified, it has been locking up mobile devices of US users and request a ransom.
According to senior malware analysts Roman Unuchek, early this year Svpeng was modified to implement ransomware capabilities.
As described by Unuchek in a blog post, the malicious code hit Russian users’ devices blocking their smart phones and displaying messages accusing them of accessing child pornography.