Fake finance apps on Google Play target users from around the world

guest · Sep 19, 2018

Fake finance apps on Google Play target users from around the world
Cybercrooks use bogus apps to phish six online banks and cryptocurrency exchange
September 19, 2018
https://www.welivesecurity.com/2018/09/19/fake-finance-apps-google-play-target-around-world/

Another set of fake finance apps has found its way into the official Google Play store. This time, the apps have impersonated six banks from New Zealand, Australia, the United Kingdom, Switzerland and Poland, and the Austrian cryptocurrency exchange Bitpanda. Using bogus forms, the malicious fakes phish for credit card details and/or login credentials to the impersonated legitimate services.

The malicious fakes were uploaded to Google Play in June 2018 and were installed more than a thousand times before being taken down by Google.
The apps use obfuscation, which might have contributed to their slipping into the store undetected.

The sole purpose of these malicious apps is to obtain sensitive information from unsuspecting users. Some of the apps take advantage of the absence of an official mobile app for the targeted service (such as Bitpanda), while others attempt to fool users by impersonating existing official apps. The full list of targeted banks and services can be found at the end of this article.
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