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Dark ReadingAlexander Culafi

Android Banking Trojan Uses Work Profile to Hide $1m Fraud Campaign

Part of the GoldFactory story · 5 articles · 4 outlets · since 4 Dec 2025

Indonesia has emerged as an early testing ground for a novel Android banking malware technique that exploits Google's Work Profile to help fraudsters evade security controls. Group-IB researchers describe how the GoldFactory group uses the Gigabud Trojan to contaminate devices, gain a broad set of permissions, and then install a companion app called Vwork, a fork of the Shelter app-cloning tool.

Vwork leverages the Work Profile to clone an existing banking app into a separate, sandboxed space, allowing operators to conduct fraudulent transactions while a black screen hides the activity. The technique relies on Gigabud issuing commands via the Vwork-proxy arrangement, enabling live remote control of the victim’s device even after fraud signals have been triggered on the personal profile.

In Indonesia, the impact appears significant: Group-IB identified roughly 1,469 compromised devices and 1,281 potentially compromised logins between February and July, linked to nearly $1 million in losses. The campaign includes the discovery of Vwork alongside Gigabud infections, with a confirmed case involving a fake copy of an Indonesian bank’s app. The malware targets Android devices and has been active since 2022, used across Southeast Asia, the Middle East, Africa, and Latin America.

Analysts emphasise that the Indonesia-focused blend of a large mobile banking audience and widespread Android use makes it a particularly attractive target, and that the Work Profile evasion mechanism risks undermining traditional fraud signals and security tooling by isolating malicious activity within a separate profile. Group-IB notes practical warning signs, such as identical banking apps across profiles, unexpected app installations, and unnecessary accessibility permissions.

How the story developed

All 5 articles

5 articles from 4 outlets over 287 days. This was the 4th report, 281 days after the first.

5 articles from 4 outlets since 4 Dec 2025; the latest 40 days ago.

GoldFactory: coverage over time5 articles from 4 outlets. First report 4 Dec 2025 by The Hacker News. Busiest week: 2 articles, week of 7 Sep. 0 in the last 7 days. GoldFactory: coverage over time5 articles from 4 outlets. First report 4 Dec 2025 by The Hacker News. Busiest week: 2 articles, week of 7 Sep. 0 in the last 7 days.
  • Article
  • First report
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GoldFactory: articles
Published (UTC)OutletHeadline
Wed 16 Sep · 07:57 UTCSecurityOnlineAndroid Malware Clones Banking Apps to Evade Security Tools
Fri 11 Sep · 01:30 UTCDark ReadingAndroid Banking Trojan Uses Work Profile to Hide $1m Fraud Campaign
Wed 9 Sep · 14:48 UTCInfosecurityGigabud Trojan Hides Banking Fraud Inside Android Work Profiles
Fri 17 Jul · 16:27 UTCSecurityOnlineGoldPickaxe Trojan Steals Biometrics, Logins via KuaiBo Phishing
Thu 4 Dec 2025 · 10:10 UTCThe Hacker NewsGoldFactory Hits Southeast Asia with Modified Banking Apps Driving 11,000+ Infections

Who reported 4 outlets

  • SecurityOnline2
  • The Hacker News1
  • Infosecurity1
  • Dark Reading1
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