Bank Credentials Stealing Apps Were Reportedly Downloaded 300,000 Times on Google Play Store

According to reports published by ThreatFabric, android apps on Google Play Store which stole banking details had more than 300,000 downloads by unsuspecting users. These seemingly harmless apps masqueraded as QR scanners, cryptocurrency wallets, and PDF scanners, and maliciously stole sensitive financial data. User details like passwords, two-factor authentication codes, users’ logged keystrokes, and much more ended up getting stolen by these apps which mainly fall under four families of malware, namely Anatsa, Alien, Hydra, and Ermac. Google has been trying to combat this issue with their introduction of a number of restrictions which are aimed at curbing the distribution of such apps. This, in turn, has prompted the development of ingenious methods of bypassing Google Play Store security restrictions by the minds behind these malwares.

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