Chinese Hackers Using Deepfakes in Advanced Mobile Banking Malware Attacks

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A Chinese-speaking threat actor codenamed GoldFactory has been attributed to the development of highly sophisticated banking trojans, including a previously undocumented iOS malware called GoldPickaxe that's capable of harvesting identity documents, facial recognition data, and intercepting SMS.

"The GoldPickaxe family is available for both iOS and Android platforms," Singapore-headquartered Group-IB said in an extensive report shared with The Hacker News. "GoldFactory is believed to be a well-organized Chinese-speaking cybercrime group with close connections to Gigabud."
 

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