BlockBeats News: On April 3rd, cybersecurity company Kaspersky Lab recently discovered a large number of counterfeit Android phones pre installed with malicious software being sold online at low prices. These devices are implanted with the Triada Trojan virus, which can steal cryptocurrency and other sensitive data.
According to Kaspersky expert Dmitry Kalinin, attackers have successfully transferred approximately $270000 worth of various cryptocurrencies by replacing wallet addresses, but the actual losses may be higher as the attackers also targeted the privacy coin Monero. There have been 2600 confirmed cases of infection, mainly concentrated in Russia. This Trojan can infiltrate firmware before the device reaches the user's hands, intercept double authentication SMS, and steal account information.
Kaspersky recommends that users only purchase devices from legitimate channels and install security solutions immediately after purchase. (Cointelegraph)