New Devixor Malware Combines Banking RAT and Ransomware Targeting Iranian Banks, Crypto Platforms, Payment Services

Published
Written by:
Lore Apostol
Lore Apostol
Cybersecurity Writer
Key Takeaways
  • Complex Threat: Devixor is a sophisticated Android RAT that integrates financial data theft, credential harvesting, remote device control, and a ransomware module.
  • Targeted Campaign: It is actively distributed through phishing websites masquerading as legitimate Iranian automotive businesses.
  • Focused on Iran: The campaign specifically targets Iranian banks, payment services, and cryptocurrency platforms.

A new, feature-rich Android banking trojan named Devixor is actively targeting users in Iran through a large-scale phishing campaign. The malware, first observed in October 2025, has evolved from a simple SMS-harvesting tool into a full-fledged Remote Access Trojan (RAT). 

It is distributed via malicious APK files downloaded from fake websites that pose as legitimate automotive companies. Researchers at Cyble have identified over 700 samples, suggesting a sustained and widespread infection effort.

Technical Capabilities and Distribution

The Devixor Android malware employs several advanced techniques to compromise devices and exfiltrate data, as the Cyble report said. Its variants evolved to introduce banking overlays, keylogging, ransomware, Google Play Protect bypass techniques, and extensive abuse of Android’s Accessibility Service.

Version 2 announcement of deVixor RAT | Source: Cyble
Version 2 announcement of deVixor RAT | Source: Cyble

It uses WebView-based JavaScript injection to capture login credentials from legitimate banking sites and systematically harvests SMS messages containing OTPs, account balances, and card numbers from Iranian banks and cryptocurrency exchanges. 

Its command-and-control (C2) infrastructure is managed through Firebase for command delivery and a Telegram-based bot for administration, allowing operators to manage infected devices at scale. 

Admin panel screenshot posted on Telegram channel | Source: Cyble
Admin panel screenshot posted on Telegram channel | Source: Cyble

Among the banks and payment services targeted by deVixor are:

A notable feature of this banking RAT with ransomware is its ability to be remotely triggered to lock a device and demand payment. Devixor displays a ransom note demanding cryptocurrency, and the ransomware state is kept across reboots.

Banking RAT Ransomware Risks

Its modular architecture enables threat actors to rapidly update the malware with new capabilities. The combination of financial fraud, credential theft, and extortion makes this Iran-targeted malware a particularly dangerous threat. 

Users are advised to only download applications from official sources and be cautious of any app requesting extensive permissions, especially for Accessibility services.

In December, another Android banking trojan, FrogBlight, targeted Turkish users via smishing and fake government court file portals.


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