beware Android bank malware

NEW malware that targets mobile banking apps of Australia’s big banks has been detected.
The sophisticated virus infects Android users and can steal password details and even thwart two-factor authentication.
In a concerning discovery for mobile bankers, the malware was discovered by ESET security systems and works by presenting victims with a fake version of the login screen when they access their legitimate banking application.
When customers login they are unwittingly met with the fake page to input their passwords. Creators of the malware are then able to steal these details and access the account remotely to transfer money out.
For those who believe they are infected by the malware, they can remove it from the device by first decommissioning administrator rights for the app by going to Settings > Security > Device administrators > Flash Player > Deactivate.