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GoldFactory's Gigabud Trojan Exploits Android Work Profiles in Indonesia Bank Fraud

read original get Yubico YubiKey 5 NFC Security Key → more articles
GoKawiil Brief

Group-IB researchers found that the Chinese-speaking threat group GoldFactory has been abusing Google's Work Profile feature to clone victims' banking apps into isolated, hidden environments where fraud-detection tools can't reach. The campaign, powered by the Gigabud Android Trojan and a cloning tool called Vwork, compromised roughly 1,469 devices and 1,281 logins in Indonesia between February and July, causing nearly $1 million in losses.

Why It Matters

GoKawiil's interpretation of the reporting above, not reported fact.

By hijacking a legitimate enterprise feature meant to separate work and personal apps, attackers can sidestep the security checks banks rely on to spot fraud, making detection far harder. Gigabud has already spread across Southeast Asia, South Asia, the Middle East, Africa and Latin America, so this evasion technique could quickly become a template for banking fraud campaigns worldwide.

Key Takeaways
Worth a Look

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Source: darkreading.com — Alexander Culafi, 2026-09-11

Published there as: “Indonesia Hit by Android Banking App-Cloning Campaign”

Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.