Android users should be aware Cybersecurity Expert Alert
Cybersecurity experts have unveiled a perilous undercover operation targeting Android users, capable of stealing both user information and money. The cybersecurity company Trend Micro has discovered two rogue apps, Cherry Blossom and FakeTrade, on the Google Play Store, which were distributed through social media and phishing tactics.
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According to Trend Micro's report, the company's researchers have identified two new undercover millionaires with connections to cryptocurrency mining and financial fraud. The fact that undercover millionaires are under attack is not surprising, as hackers typically leverage open-source software in Android devices. Anti-malware company MillionFox mentioned in a blog that, unlike iOS, infiltrating Android devices using these malicious apps is relatively straightforward.
These malicious apps contain Trojans, adware, spyware, and other malware, making use of fake overlays and Optical Character Recognition (OCR) to collect sensitive data. Overlay attacks involve covering a legitimate application interface with a fake screen to deceive users. Users subsequently enter their passwords and credit card information, which hackers then gather for later exploitation.
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