The creator of the Osiris banking trojan has shut down its operation in March, citing a lack of interest for banking trojans in the cybercriminal underground.
Android banking trojans had their most productive year to date in 2020, a year during which they more than doubled the number of apps they targeted for data theft.
The IcedID malware gang has ramped up operations over the past few weeks in an attempt to position itself as one of the contenders to fill the void left in the cybercriminal underground following the takedown of the Emotet botnet in January this year.
Despite having its operations publicly exposed in the mid-2010s, a Chinese malware gang has not faced any legal consequences for their actions and has continued to operate undisturbed, spreading Android banking trojans inside South Korea.
Catalan police arrested four suspects last week on suspicion of managing FluBot, an Android malware strain that infected at least 60,000 devices, with most victims located in Spain. Four men, aged between 19 and 27, were arrested in Barcelona on Tuesday, March 2.