The Chameleon Android banking trojan has evolved from consumer-focused banking fraud into campaigns aimed at employees, broadening the risk from personal account theft to potential compromise of business banking access. First observed targeting users in Australia and Poland while impersonating brands such as CoinSpot, a government agency, and Poland’s IKO bank, the malware later appeared in campaigns against victims in Canada and Europe disguised as a CRM application for hospitality workers and, separately, as a fake bank security app. Researchers said the operators appear to be using trusted-brand impersonation and workplace-themed lures to steal credentials from devices that may also provide access to corporate financial systems.
Chameleon abuses Android’s Accessibility Service to automate permissions, disable Google Play Protect, interfere with uninstallation, and carry out credential theft through overlays, keylogging, cookie theft, lock grabbing, and SMS interception. In the newer activity, operators used a multi-stage infection chain with a dropper designed to bypass Android 13+ restrictions before installing the final payload under the pretense of reinstalling the app. Earlier analysis also found the malware communicating with a command-and-control server at 146.70.41.143:7242 and exfiltrating device details, cookies, keylogs, and SMS data, while retaining an unused runtime payload-loading capability via DexClassLoader, indicating continued development beyond its already mature banking trojan features.

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Cyble reported that the Android banking trojan it named Chameleon had been active since January 2023. Early activity included targeting mobile users in Australia and Poland with lures impersonating services such as CoinSpot, an Australian government agency, and Poland’s IKO bank.
ThreatFabric observed new Chameleon campaigns in July 2024 targeting victims in Canada and Europe. The activity included a CRM-themed lure aimed at hospitality employees and separate impersonation of a bank security application for customers of specific financial institutions.
Cyble Research & Intelligence Labs published analysis of a new Android banking trojan named Chameleon, detailing its use of Accessibility Service abuse, credential theft, cookie theft, keylogging, SMS interception, and communication with its command-and-control server. The report also noted an unused runtime payload-loading capability via DexClassLoader.
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