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ESET Research reveals details about a growth in the number of deceptive loan apps on Android, their origins and modus operandi

This week, ESET researchers have taken a look at a steep increase in deceptive loan apps for Android. According to ESET Research, there has been a large growth of these apps across unofficial third-party app stores, Google Play, and websites since the beginning of 2023.

These apps request various sensitive data from their users and then exfiltrate them to the attackers’ servers. This data is then used to blackmail the users of these apps, focusing on users from Southeast Asia, Africa, and Latin America.

Find out more in the video and in our blogpost.

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