Mobile Security Financial Fraud News

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mobile-security-financial-fraud3.175 min read

8 Million Android Users Urged to Delete SpyLoan Apps Amid Malware Threat

Over 8 million Android users have been affected by SpyLoan malware embedded in over a dozen loan apps on the Google Play Store, according to McAfee Labs. These apps, which target users in various countries by offering quick loans, use social engineering to extract sensitive information and permissions, leading to potential extortion and financial loss. Despite some apps being removed or modified to comply with Google Play policies, the threat persists as these apps share a common framework for data encryption and exfiltration. Users are advised to scrutinize app permissions and developer legitimacy to mitigate risks.

1 year ago•Source: The Hacker News

FakeCall Malware Exploits Androids for Banking Scams

mobile-security-financial-fraud

2.815 min•1 year ago

FakeCall Malware Exploits Androids for Banking Scams

A new variant of the FakeCall Android malware has been discovered, using voice phishing techniques to deceive users into divulging personal information. This sophisticated malware can intercept and hijack calls, redirecting them to fraudulent numbers controlled by attackers, while mimicking legitimate banking interfaces. It exploits accessibility services to gain control over devices, capturing sensitive data and performing unauthorized actions. The malware's evolution highlights ongoing challenges in mobile security, despite efforts to enhance defenses against such threats.

via The Hacker News

Featured Mobile Security Financial Fraud Stories

8 Million Android Users Urged to Delete SpyLoan Apps Amid Malware Threat

FakeCall Malware Exploits Androids for Banking Scams

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