Antivirus company ESET warns of an increase in the number of fake banking applications disguised as official programs. Their purpose is to access credentials and steal money from user accounts. The company notes that the danger of such fakes is underestimated due to the relative technical simplicity.
According to ESET experts, the main advantage of such fakes is the ability to faithfully copy official banking applications. Typically, a user takes a fake for a legitimate program, downloads it and starts using it, providing credentials to log into online banking.
Unlike banking Trojans, which request access to data on mobile devices, fake apps are not suspicious of the user. In addition, banking Trojans are in principle easier to detect because of their activity, which modern security tools successfully detect.