Security experts at Trend Micro have uncovered a spam campaign spreading a bogus PayPal app to steal German users' banking credentials.

A spam campaign is targeting German Andoird users, the malicious emails impersonate PayPal trying to trick the recipient into downloading a bogus PayPal app update that hides a banking Trojan.

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The researchers at Security Intelligence announced that Shifu banking trojan is officially spreading to the UK targeting Banks and Wealth Management Firms.

A few weeks ago researchers at Security Intelligence announced the discovery of the sophisticatedbanking Trojan Shifu, the malicious code has been used to target the customers of more than a dozen Japanese banks.

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According to the malware researchers at FireEye Labs Suceful is the first multi-vendor ATM malware threatening the banking industry. Experts at FireEye have discovered a new strain of malware dubbed Suceful (Backdoor.ATM.Suceful) specifically designed to target ATMs. Malware designed to hack ATMs are not new, in the past security experts have already detected malicious codes used to make ATMs dispense cash, such as Ploutus or Tyupkin.

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