PixPirate New Android Banking Trojan Targeting Brazilian Financial Institutions

04-Feb-23

A fresh Android banking virus has targeted Brazilian financial institutions with the intention of defrauding them through the PIX payments system. The virus is being tracked as PixPirate by the Italian cybersecurity firm Cleafy, which found it between the end of 2022 and the beginning of 2023. According to researchers Francesco Iubatti and Alessandro Strino, PixPirate is a member of the most recent generation of Android banking trojans because it is capable of ATS (Automatic Transfer System), which allows attackers to automatically insert a malicious money transfer over the Instant Payment platform Pix, which is used by many Brazilian banks.

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