Cybercriminals are evolving. The latest evolution is Godfather malware – a sophisticated banking trojan that’s targeting legitimate banking apps. Over 400 financial institutions of all sizes have been affected globally, including many in the United States. Although Great Oaks Bank has not experienced exposure to this malware, we want you, our valued customer, to be aware of its capabilities so that you can join us in vigilantly protection your accounts from fraudsters.
Godfather malware is designed to mimic trusted applications to obtain sensitive financial data. Once embedded in a mobile device, it can obtain login credentials and intercept two-factor authentication codes, exposing account holders to loss of account balances.
Godfather Operates Undetected
Godfather malware has the ability to mask itself inside real, functioning applications. It often gets distributed through fake updates, unofficial app stores, or even cloned versions of popular apps. Once downloaded, it activates silently in the background. When you log into your mobile banking app with an infected device, Godfather overlays a fake login screen that looks exactly like the original. You enter your login credentials, which Godfather captures. It also uses permissions to monitor keystrokes, intercept text messages, and disable antivirus software.
You Might Not See It Coming
Godfather doesn’t slow down your phone or display any obvious warning signs. Everything appears normal. Please be extra cautious, especially when downloading apps or clicking on links sent through text or email. If your bank account shows unexpected activity, you receive unrecognized login alerts, or your device asks for strange permissions after an update, you could be infected.
What You Can Do to Stay Protected
Malware like Godfather relies on you being unprepared. Don’t give it that chance. Taking proactive steps can secure your information and your bank accounts. To protect against Godfather and other malware or security exposures:
- Only download apps from official sources like the Apple App Store or Google Play
- Avoid third-party stores or unofficial links, even if they look legitimate
- Regularly update your device and apps to patch security vulnerabilities
- Never ignore unusual permission requests or system warnings.
- Enable two-factor authentication (2FA) and use a reputable mobile security app
At Great Oaks Bank, protecting your confidential information and your account balances is our highest priority. Please contact our customer service team at 478-374-4754 or your Great Oaks Bank office if you have questions, receive unexpected transaction notifications, or notice unusual account activity.