167 fake apps used for financial scams against Android and iOS users

167 fake apps used for financial scams against Android and iOS users

A pedestrian uses his cell phone by a sign outside of the JPMorgan Chase headquarters in New York City. Researchers found 167 counterfeit Android and iOS apps that attackers used to steal money from victims who believed they installed a financial trading, banking or cryptocurrency app. (Photo by Justin Sullivan/Getty Images)

Researchers on Wednesday reported that they found 167 counterfeit Android and iOS apps that attackers used to steal money from victims who believed they installed a financial trading, banking or cryptocurrency app from a trusted provider.


In a blog, Sophos researchers explain how the attackers – which the researchers believe could all be operated by the same group – used social engineering, counterfeit websites, including a fake iOS App Store download page, and an iOS app-testing website to distribute the fake apps to their victims.


According to the researchers, the scammers approached users through a da ..

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