SharkBot, like its counterparts TeaBot, FluBot, and Oscorp (UBEL), belongs to the category of banking Trojans capable of stealing credentials from hacked devices and bypassing multi-factor authentication mechanisms. Malware first appeared on the scene in November 2021.

A distinctive feature of SharkBot is its ability to perform unauthorized transactions through automatic transfer systems (ATS), that distinguishes it from, for example, TeaBot, which requires a live operator to [...]