Android banking scam warning that steals money if you answer the phone

Scammers are said to target Android users, which can lead phone owners to have their bank details stolen.

Criminals pose as banks in a scheme that allows them to take control of your phone and bank account when you answer their phone call, reports the Daily Record.

Cybercriminals use malware called BRATA, which has already been found on dangerous apps that managed to sneak into Google Play Store because it can evade most virus scanners.

Cleafy, a fraud management company, has discovered the latest version of the malware that can bypass most virus scanners.

The company has warned that the scam could spread to European countries after attacks in Italy and Brazil.

Here’s how the scam works – first, victims will receive a text message from criminals pretending to be their bank.

The text contains a link to a bogus site and an invitation to download a bogus anti-spam app that can overtake phones with the alarming power of accessing images, texts and recording screens.

The message also indicates that they will soon be contacted by their bank.

Hackers will then call their targets to convince them to install the app as part of a process that requires multiple permissions, which will allow criminals to take control of the device.

Once installed, crooks can remotely control victims’ phones and perform fraudulent transactions.

Criminals will be able to see any two-factor authentication (2FA) code that a bank sends to a user when they try to access their bank account online.

This is the key to the efforts of the crooks, and if the cyber crooks are successful, it could lead to severe losses for the victims.

Additionally, the screen recording would give hackers the usernames and passwords they need to access internet bank accounts in the first place.

In order to stay safe from such texts, always beware of unsolicited messages you receive asking you to transmit personal information such as bank details or usernames and passwords for online accounts. .

Also beware of posts that advise you to download apps you haven’t heard of or click on links that don’t seem official.

If you follow these tips and are still unsure whether or not a message you receive is legitimate (and it may be because some scams are better disguised than others), go to your official website. bank, find a contact number and call speak directly to an official advisor.

To read all the most important and best stories first, sign up to read our newsletters here .

Comments are closed.