Fake Apps Masked as Cryptocurrency, Trading, Banking Apps Du

Fake Apps Masked as Cryptocurrency, Trading, Banking Apps Duping iOS, Android Customers: Sophos


Fake Apps Masked as Cryptocurrency, Trading, Banking Apps Duping iOS, Android Customers: Sophos
Counterfeit apps are impersonating major financial firms and popular cryptocurrency trading platforms, including Barclays, Gemini, Bitwala, Kraken, Binance, BitcoinHK, Bittrex, BitFlyer, and TDBank.
By Tasneem Akolawala | Updated: 14 May 2021 14:24 IST
Photo Credit: Sophos
Highlights
Sophos found this issue while investigating fake app of Goldenway Group
Schemes to download these fake apps are leveraged through dating sites
Several counterfeit versions of popular cryptocurrency trading, stock trading and banking apps have been discovered by Sophos on iOS and Android platforms, designed to steal sensitive information. All those who download these fake apps can be potential victims of data theft. Counterfeit apps are impersonating major financial firms and popular cryptocurrency trading platforms, including Barclays, Gemini, Bitwala, Kraken, Binance, BitcoinHK, Bittrex, BitFlyer, and TDBank. Sophos found these fake apps while looking into a fraudulent mobile trading app that masqueraded as one tied to a well-known Asia-based trading company, Goldenway Group.

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