- Banking Malware. Many banks implementing two-factor authentication require customers to log into their online accounts using a username, password and a mobile transaction number (mTAN) sent to their mobile device via a text message. McAfee Labs researchers identified four significant pieces of mobile malware that capture the traditional usernames and passwords, and then intercept SMS messages containing bank account login credentials. The malicious parties then directly access accounts and transfer funds.
- Fraudulent Dating Apps. McAfee Labs discovered a surge in dating and entertainment apps that dupe users into signing up for paid services that do not exist. Lonely users attempt to access potential partners’ profiles and other content only to become further frustrated when the scam is recognized. The profits from the purchases are later supplemented by the ongoing theft and sale of user information and personal data stored on the devices.
- Trojanized Apps. Research revealed the increasing use of legitimate apps altered to act as spyware on users' devices. These threats collect a large amount of personal user information (contacts, call logs, SMS messages, location) and upload the data to the attacker’s server.
- Fake Tools. Cyber criminals are also using apps posing as helpful tools, such as app installers that actually install spyware that collects and forwards valuable personal data.
McAfee Labs Q2 Report Finds Mobile Threats Rebound
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