Apps with 300,000 downloads caught stealing banking information

Android operating system is very popular which is why it is a huge target for cyber criminals. Tap or click here to see what this Smart TV remote control really is malware.

Due to the way the operating system is coded, it is easy to create apps and malware that affect millions of people. Add to that the prevalence of banking apps in the Android ecosystem, and you have looming disaster. Unfortunately, a new group of malicious applications has been discovered.

And this group of malicious applications is particularly dangerous because they hide banking Trojans. Read on to find out if you have any of these malicious apps on your device so that you can remove it as soon as possible.

Here is the backstory

Cyber ​​security researchers at Threat Fabric recently revealed how more than 300,000 Android users have been exposed to malware. The device infections occurred through four different types of malware, hiding in several malicious apps.

In a blog post, Threat Fabric explained that the hackers “are focusing on loaders with a reduced malicious footprint in Google Play.” With less malicious code inside, this makes detection much more difficult for Google.

It’s a bit of a catch-22 situation, as Google has implemented new Google Play restrictions on which personal information apps are allowed. To get around this problem, criminals have to use different tactics on a smaller scale. This causes the malware to merge with the code of an application, making it more difficult to detect.

Here are some of the malicious apps:

  • Free QR Code Scanner
  • Master live scanner
  • PDF Document Scanner – Scan to PDF
  • CryptoTracker
  • Gym and fitness trainer
  • Milleniumbcp
  • Binance – Buy and Sell Bitcoin Safely
  • Bitfinex
  • Banca Digital Liberbank

The malicious apps in question were designed to steal passwords from cryptocurrency wallets, messaging services, and social media profiles.

What can you do about it

It can be quite difficult to spot a malicious app if you don’t know what to look for. Here are some tips on how to stay safe and make sure your data is secure.

  • Only download Android apps from the official Google Play Store. Third-party app stores don’t have the same security protocols as Google and are more likely to host malicious apps.
  • Check an app’s rating and reviews if you’re not sure. Other users will leave a scathing review if the app doesn’t deliver on its promises or turns out to be malicious.
  • When possible, enable two-factor authentication (2FA) as an additional security measure. This means that hackers cannot violate your account or information, even if they have your username and password. Tap or click here to learn more about 2FA.
  • Regularly change your passwords for all your online accounts. It’s a good idea to change them to something new every few months.

To check if any of the malicious Android apps are installed and how to remove them:

  • Open the Settings menu.
  • Faucet Apps and notifications to see a complete list of installed applications.
  • Scroll down and tap an app you want to remove.
  • In the next menu, press Uninstall.

You can also long-press an app on your home screen and press Uninstall. To see the full list of malicious applications discovered by Threat Fabric, Click here and scroll to the Appendix section.

Keep reading

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Is banking on your phone safe? 6 ways to make sure you’re not part of a scam.

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