Lukas Stefanko

Entirely new malware family discovered by ESET researchers

Tricksters have been misleading users about the functionality of apps by displaying bogus download numbers

ESET researchers have analyzed a newly discovered set of apps on Google Play, Google's official Android app store, that pose as security applications. Instead of security, all they provide is unwanted ads and ineffective pseudo-security.

The game was uploaded to Google Play and attempted to trick users into unwittingly signing up for a weekly paid subscription

The recent rise in cryptocurrency scams appearing on the Android platform in disguise has shown that such incidents are not exclusive to PCs and also highlight the importance of knowing what to look out for so you do not unintentionally take part.

Besides delivering the promised functionalities, the malicious apps can display fake notifications and login forms seemingly coming from legitimate banking applications, harvest credentials entered into the fake forms, as well as intercept text messages to bypass SMS-based 2-factor authentication.

For a user, it can be difficult to figure out whether an app is malicious. First off it is always good only to install applications from the Google Play store, since most malware is still mainly spread through alternative stores.

In all the cases we investigated, the final payload was a mobile banking trojan. Once installed, it behaves like a typical malicious app of this kind: it may present the user with fake login forms to steal credentials or credit card details.

With all the hype around cryptocurrencies, cybercriminals are trying to grab whatever new opportunity they can – be it hijacking users’ computing power to mine cryptocurrencies via browsers or by compromising unpatched machines, or various scam schemes utilizing phishing websites and fake apps.