Malicious apps are pretty common, and it's easy to accidentally download them if you're not cautious. You'll often find these apps on third-party app stores, shady websites, or through suspicious emails and texts. What you wouldn't expect is to encounter them on the Google Play Store if you're an Android user or the App Store if you're on iPhone, reports Fox News.
A new report has revealed that over a dozen malicious apps containing SpyLoan malware have been available on the Play Store. These apps have been downloaded by 8 million Android users, putting them at risk of extortion, harassment and financial loss. Below are images of four of the SpyLoan apps found on Google Play.
SpyLoan is malware often hidden in apps that promise instant loans. These apps reel people in with offers of quick, hassle-free loans, boasting low rates and hardly any requirements. While they might look legit at first glance, their real goal is to gather as much personal info as they can.
Once they have it, they use it to harass or pressure users into paying ridiculous interest rates. They also use shady tactics like countdown timers or "limited-time" offers to create a fake sense of urgency, pushing people to act fast without thinking it through. Instead of helping with finances, these apps trap users in a cycle of debt and invade their privacy.
McAfee's mobile research team has uncovered 15 apps on the Google Play Store packed with SpyLoan malware. These apps use the same code and systems, targeting users worldwide to steal data and send it to command-and-control (C2) servers. Many of them hide behind fake names and logos that mimic legitimate financial institutions, making them look trustworthy at first glance. You can find the names of these apps in the screenshot added below.
McAfee, an App Defense Alliance partner tasked with helping keep the Play Store safe, reported the apps to Google. Google took action, and the malicious versions of the apps are no longer available on Google Play.
Bd-pratidin English/Tanvir Raihan
