Google Play Store Haunted by Banking Malware

Banking Trojans are not new to the cyber-crime world. It is a malicious computer program designed to gain access to confidential banking information. This type of malicious system program is built with a backdoor to allow third parties to gain access to the system.



As the security technologies especially in banking domain continue to improve, malware codes are being constantly evolved to evade detection. The financial cyber-crime landscape is hence, constantly changing and evolving to keep pace with the rising awareness and the increasing effectiveness of banking controls.

With the increasing popularity of mobile among people for carrying out any transaction, cyber-criminals have embraced mobile as their platform of choice to carry out fraudulent activities. Since 2015 there has been a tremendous increase in the design and launch of fake mobile apps to deceive users. The nature of fake application depends on the goals of cyber-criminals who use different strategies to build and deploy them.



Recent research revealed that a Banking Trojan found in Google Play. A malicious app intending to automatically record voice and calls was found in the official Android store.

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