Why Android users warned to check apps or face scammers emptying their bank account - Reportgist

Why Android users warned to check apps or face scammers emptying their bank account

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Security experts have recently discovered over 90 applications that contain malware>>>CONTINUE FULL READING HERE

Android users are being urged to exercise caution when downloading new apps, even those sourced from Google’s official Play Store, following a warning issued by security experts. Research by cybersecurity experts found more than 90 applications suspected of carrying the malicious Anatsa bug amongst other harmful malware.

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Once installed within devices, this nefarious virus is designed to gain access to confidential banking and financial information

via cunning overlay and accessibility schemes. This enables cyber attackers to discreetly gather and intercept data, leaving users oblivious until losses start occurring.

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Dangerous apps, as highlighted by Zscaler ThreatLabz, have been downloaded in millions across both the UK and the US. The current crop accounting for over 5 million downloads with Anatsa particularly targeting banking applications, reports the Mirror.

The deviousness of this kind of attack emanates from its “dropper technique” by which phones are infected. Initial encounters with the downloaded app would suggest no harm at all, while the infiltrating malware gets added through subsequent updates.

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Cyber analysts Zscaler ThreatLabz, said: “We regularly monitor the Google Play store for malicious applications. Over the past few months, we identified and analyzed more than 90 malicious applications uploaded to the Google Play store. These malware-infected applications have collectively garnered over 5.5 million installs.

“This sophisticated malware employs dropper applications that appear benign to users, deceiving them into unwittingly installing the malicious payload. Once installed, Anatsa exfiltrates sensitive banking credentials and financial information.”

The latest apps discovered to be infecting Android phones include PDF and QR readers. Both managed to infect over 70,000 devices before being removed by Google.

As always, prior to installing anything on your Android device, take a moment to do some research and verify things before hitting the download button.

Examine the developers and ensure they have a solid reputation. It’s also wise to look at previous reviews and be extremely cautious about what permissions you grant the app.

If you’re uncertain, DON’T download it. “The recent campaigns conducted by threat actors deploying the Anatsa banking trojan highlight the risks faced by Android users, in multiple geographic regions, who downloaded these malicious applications from the Google Play store,” added Zscaler ThreatLabz.>>>CONTINUE FULL READING HERE

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