Google Play Store Expels Fraudulent Bank Apps

When you download that banking app to your tablet or smartphone, do you ever wonder if it’s legitimate? Security software publisher Kaspersky Lab recently found some fake banking apps on the Google Play Store, which Google promptly removed upon being alerted. The fraudulent apps are for Russian banks in this case.
 

This Russian app is a Trojan that can steal a user's bank login info. Stunningly, it wasn't getting a very good average rating in the Play Store before it was removed. Image Credit: Kaspersky

The apps that were found in the Play Store on December 12th (and deleted on December 13th, after Kaspersky contacted Google) were downloaded numerous times, suggesting that the apps likely snagged bank login information from several victims. The apps are fairly sophisticated and require multiple interactions with the victim to retrieve the login information. You’ll be looking at a screen that looks legitimate, but is asking to you to send your mobile phone number to a server that doesn’t belong to the bank. SMS messages are also used as part of the scam.

Despite the safeguards companies like Amazon, Apple, and Google put in place, app stores still sometimes accept apps with dubious or malicious purposes. Most of the time, a little caution and commonsense are all you need to stay safe, but with fake app developers getting sophisticated, it’s going to get harder to tell real apps from malware – a Netflix fake being a prime example.
Joshua Gulick

Joshua Gulick

Josh cut his teeth (and hands) on his first PC upgrade in 2000 and was instantly hooked on all things tech. He took a degree in English and tech writing with him to Computer Power User Magazine and spent years reviewing high-end workstations and gaming systems, processors, motherboards, memory and video cards. His enthusiasm for PC hardware also made him a natural fit for covering the burgeoning modding community, and he wrote CPU’s “Mad Reader Mod” cover stories from the series’ inception until becoming the publication editor for Smart Computing Magazine.  A few years ago, he returned to his first love, reviewing smoking-hot PCs and components, for HotHardware. When he’s not agonizing over benchmark scores, Josh is either running (very slowly) or spending time with family.