News First ever iOS trojan discovered — and it’s stealing facial recognition data to break into bank accounts

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What you need to know about the dangerous Android banking trojan that's been ported to iPhone

One of the reasons many people pick one of the best iPhones over their Android counterparts is due to security. However, that could be changing as the first ever banking trojan designed to target iPhone users has been spotted in the wild.

According to a new report from Group-IB, the Android trojan GoldDigger has now been modified with new capabilities that make it easier for this malware to drain victims’ bank accounts. First discovered last October, the trojan's new variation has been dubbed GoldPickaxe, with versions specifically designed for both Android and iOS devices.

Once installed on either an iPhone or an Android phone, GoldPickaxe can collect facial recognition data, identity documents and intercepted text messages, all to make it easier to siphon off funds from banking and other financial apps. To make matters worse, this biometric data is then used to create AI deepfakes to impersonate victims and access their bank accounts.

 
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