FakeSpy Android Information

What is FakeSpy?

Disguising mobile apps is the most prevalent swindling technique deployed by cyber crooks to dupe users. Such Developers typically rely on popular third party apps to distribute malicious apps. For instance crooks attempt to get their apps published on Google play or app store for easy distribution of their spoofed apps. Irrespective of the techniques used to carry out the malpractices, the final motive is to steal user information and earn profit either by selling the sensitive information to the third party or extort the victim.
Recently it was discovered that maleficent developers have evolved a new tactic where the malicious act of stealing confidential information from user phones is carried via SMS. The malware used in this campaign is FakeSpy and is currently known to target Japanese and Korean nations. However everyone needs to be cautious in case the infection expands its reach.
FakeSpy-Android-Malware-1.jpg

How does the FakeSpy Android malware work?

The malware is delivered via hoax SMS. These text messages are masqueraded as legitimate messages from established companies. The text has a malicious link. Recipients unaware of the deceit click on the link which directs them to a malicious web page. Accidental or deliberate click on any button on the web page prompts user to download the malicious app on the cell phone.

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