Security researchers from the Anti-virus firm Trend Micro have discovered a new variant of banking malware that not only steal the users’ information from the device it has infected but, has ability to “sniff” network activity to steal sensitive information of other network users as well.

The banking malware, dubbed as EMOTET spreads rapidly through spammed emails that masquerade itself as a bank transfers and shipping invoices. The spammed email comes along with a link that users easily click, considering that the emails refer to financial transactions.