Huge rise in rogue mobile apps driving fraud campaign
While mobile applications and app stores work hard to prevent the allocation and download of malicious apps, it's often a cat-and-mouse game that leaves both businesses and customers exposed.
The criminal organisations behind these phoney branded apps are becoming more sophisticated. In one latest instance, a slew of various apps, including email and multi purpose apps, were employed to steal the user's login information for financial services, cryptocurrency, and digital payments.
These rogue mobile apps can be downloaded from both verified sources such as the App Store and Play Store, as well as malicious websites that look like these trusted app archives. These links are frequently promoted through phishing scams and dishonest social media pages.