
Unveiling ERMAC V3.0: A Deep Dive into the Android Malware Source Code Leak
The recent leak of the ERMAC V3.0 Android malware source code has sent ripples through the cybersecurity community, revealing the intricate workings of a sophisticated banking trojan. This malware, notorious for its ability to overlay fake forms on legitimate applications, targets over 700 apps, including those in banking, shopping, and cryptocurrency sectors. By mimicking the appearance of trusted apps, ERMAC V3.0 tricks users into divulging sensitive information such as login credentials and financial data. It’s especially worrying how this malware tricks users with its advanced form injection techniques, which make detection by users challenging (source).
Beyond its deceptive capabilities, the leak has exposed significant operational weaknesses in ERMAC’s infrastructure. Built on a PHP and Laravel backend with a React-based frontend, the malware’s infrastructure includes a Golang exfiltration server and an Android builder tool. However, flaws such as hardcoded JWT tokens (a type of digital signature used for secure information exchange) and default root credentials have been identified, potentially allowing unauthorized access to disrupt operations (source). This exposure not only highlights vulnerabilities but also provides cybersecurity professionals with insights into the malware’s command-and-control (C2) enhancements, which utilize AES-CBC encryption (a method for securing data) to secure communications (source).
Technical Analysis of ERMAC V3.0
Enhanced Form Injection Techniques
ERMAC V3.0 represents a significant evolution in the malware’s form injection capabilities. The trojan now targets over 700 applications, including banking, shopping, and cryptocurrency platforms, by employing sophisticated form injection techniques. These techniques allow the malware to overlay fake forms on legitimate apps, tricking users into entering sensitive information such as login credentials and financial data. This method of attack is particularly effective because it exploits the trust users have in the apps they use regularly. The form injections are designed to mimic the appearance and functionality of the legitimate app interfaces, making detection by users difficult. (source)
Infrastructure and Operational Weaknesses
The source code leak of ERMAC V3.0 has exposed several operational weaknesses within its infrastructure. Notably, the malware’s backend is built on PHP and Laravel, with a React-based frontend panel. The infrastructure also includes a Golang exfiltration server and an Android builder tool for creating customized malware variants. However, security researchers have identified major flaws, such as hardcoded JWT tokens, default root credentials, and a lack of registration protections on the admin panel. These vulnerabilities allow unauthorized access to the ERMAC panels, enabling potential disruption of the malware’s operations. (source)
Command-and-Control (C2) Enhancements
ERMAC V3.0 includes an updated command-and-control (C2) panel that facilitates improved communication between the malware and its operators. The C2 infrastructure is critical for managing the malware’s activities, including data exfiltration and device control. The updated C2 panel is designed to be more robust and secure, utilizing encrypted communications through AES-CBC. This encryption method ensures that data transmitted between the infected device and the C2 server remains confidential, reducing the likelihood of interception by security solutions. Despite these enhancements, the exposed infrastructure has made it easier for cybersecurity teams to identify and disrupt C2 endpoints. (source)
Data Theft and Exfiltration Capabilities
ERMAC V3.0 demonstrates expanded data theft capabilities, targeting a wide range of sensitive information from infected devices. The malware can steal SMS messages, contacts, registered accounts, and even extract Gmail subjects and messages. Additionally, it has the ability to access files on the device through ‘list’ and ‘download’ commands. These capabilities enable the malware to gather a comprehensive set of data from victims, which can be used for further exploitation or sold on underground markets. The exfiltration process is facilitated by the Golang-based server, which manages the transfer of stolen data to the operators. (source)
Evolution and Attribution
ERMAC V3.0 is the latest iteration of a malware family that has evolved significantly since its inception. Initially built using the leaked Cerberus source code, ERMAC has incorporated elements from other malware, such as the Hook botnet. The malware is attributed to a threat actor known as Duke Eugene and is considered a progression from Cerberus and BlackRock. The evolution of ERMAC highlights the adaptability of threat actors in enhancing malware capabilities by integrating features from various sources. This adaptability poses a challenge for cybersecurity defenses, as each new version of the malware introduces novel techniques and targets. (source)
Final Thoughts
The ERMAC V3.0 source code leak serves as a stark reminder of the evolving threats in the cybersecurity landscape. While the malware’s sophisticated form injection techniques and robust C2 infrastructure pose significant challenges, the exposed vulnerabilities offer a silver lining. Security researchers now have the opportunity to dissect and understand the malware’s inner workings, potentially leading to more effective defenses against similar threats in the future (source).
Moreover, the evolution of ERMAC from its Cerberus roots underscores the adaptability of threat actors. By integrating features from various malware, ERMAC exemplifies the dynamic nature of cyber threats, necessitating continuous vigilance and innovation in cybersecurity strategies (source). As we move forward, the cybersecurity community must leverage these insights to bolster defenses and protect against the ever-present threat of data breaches and cyber attacks.
References
- BleepingComputer. (2025). ERMAC Android malware source code leak exposes banking trojan infrastructure. https://www.bleepingcomputer.com/news/security/ermac-android-malware-source-code-leak-exposes-banking-trojan-infrastructure/
- BitNewsBot. (2025). ERMAC 3.0 Android trojan source code leak exposes major flaws. https://bitnewsbot.com/ermac-3-0-android-trojan-source-code-leak-exposes-major-flaws/
- CAPA Learning. (2025). ERMAC V3.0 banking trojan source code leak exposes full malware infrastructure. https://capalearning.com/2025/08/16/ermac-v3-0-banking-trojan-source-code-leak-exposes-full-malware-infrastructure/
- GBHackers. (2025). Source code of ERMAC V3.0 malware exposed. https://gbhackers.com/source-code-of-ermac-v3-0-malware-exposed/