Fake Indian Banking Rewards Apps Targeting Android Users with Info stealing Malware


Customers of Indian banks are being targeted by an SMS-based phishing effort that uses malware that steals information while pretending to be a rewards programme. The bogus banking rewards app for ICICI Bank is downloaded when users click links in the messages that lead them to a dubious website, according to the Microsoft 365 Defender Research Team.

Similar to other social engineering assaults, the rogue software and the smishing message both employ well-known company names and logos to create the impression of legitimacy and deceive users into installing the application. Read More…