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Mobile Security Financial Fraud

All articles tagged with #mobile security financial fraud

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

Originally Published 1 year ago — by The Hacker News

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.

technology mobile-security-financial-fraud android-apps data-exfiltration financial-fraud malware mobile-security-financial-fraud spyloan

FakeCall Malware Exploits Androids for Banking Scams

Originally Published 1 year ago — by The Hacker News

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.

technology mobile-security-financial-fraud android-malware banking-fraud cybersecurity fakecall mobile-security-financial-fraud vishing