Source code for powerful Android banking malware is leaked

The source code for a powerful Android malware program that steals online banking credentials has been leaked, according to researchers with IBM.

The malware family is known by several names, including GM Bot, Slempo, Bankosy, Acecard, Slempo and MazarBot. 

GM Bot has been sold on underground hacking forums for around US$500. But it appears someone who bought the code then leaked it on a forum in December, perhaps to increase his standing, wrote Limor Kessem, a cybersecurity analyst with IBM Trusteer.

The person included an encrypted archive file containing the source code of GM Bot, according to Kessem.

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