Group-IB detailed the Gigabud Android malware family, linking a previously undocumented remote access trojan, Gigabud.RAT, with a fake loan application, Gigabud.Loan, after a Thailand-based financial organization reported a sample targeting its customers. Investigators said both variants share architecture and the same signing certificate, and were distributed through phishing websites and direct messaging campaigns in Thailand, Indonesia, Vietnam, the Philippines, and Peru, often masquerading as government agencies, banks, or lenders to persuade victims to install malicious APKs.
The Gigabud.RAT variant abuses Android screen recording and accessibility services to take remote control of devices, steal credentials, bypass authentication, manipulate clipboard contents, and potentially automate payments; newer samples also added a module designed to steal passwords from banking apps. Gigabud.Loan posed as low-interest lending apps and harvested extensive personal and financial data from applicants. Group-IB said it identified more than 400 Gigabud.RAT samples and over 20 Gigabud.Loan samples between 2022 and 2023, indicating sustained operations and expansion across multiple countries.

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In January 2023, cybersecurity researchers named the trojan Gigabud based on the malicious application's certificate issuer name. Group-IB later used the name for the broader malware family that includes multiple variants.
In September 2022, a Thailand-based financial organization asked Group-IB to investigate an Android malware sample targeting its clients and other customers in the Asia-Pacific region. This investigation led researchers to identify the sample as a previously undocumented Android remote access trojan.
Group-IB reported that the Gigabud.Loan variant had been active since at least July 2022. The fake loan app impersonated fictional financial institutions and stole user-submitted personal and financial data.
In July 2022, Thailand's Department of Special Investigation warned about a phishing site impersonating the agency's website that was distributing the same Android RAT later identified as Gigabud. This is an early official warning tied to the campaign's activity in Thailand.
From 2022 to 2023, Group-IB detected more than 400 Gigabud.RAT samples and more than 20 Gigabud.Loan samples using VirusTotal hunting rules. The findings indicated sustained activity and expansion across multiple countries.
During its analysis, Group-IB identified a second variant called Gigabud.Loan and concluded it shared architecture and the same certificate with Gigabud.RAT. The company attributed both variants to the same Gigabud malware family.
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