Security News > 2021 > July > Tens of thousands scammed using fake Android cryptomining apps

Tens of thousands scammed using fake Android cryptomining apps
2021-07-07 11:44

Twenty-five of these fake apps were available in the Google Play Store, while those sold on third-party app stores could be side-loaded by victims on their Android devices.

Lookout researchers revealed in a report published today that the apps didn't include any cloud cryptomining functionality.

The scammers used the fake Android apps to steal a total of over $350,000 from thousands of victims worldwide who bought the apps and paid for additional services and non-existent upgrades.

Dozens of fake cryptomining apps still for up for sale.

Targets were lured into spending even more money on the apps using the promise of additional services and app upgrades, purchasable via cryptocurrency transfers straight to the scammers' crypto wallets or via the Play Store.

Even though Google has already removed all the fake BitScam and CloudScam cryptomining apps found on the Play Store apps, Lookout says that dozens of them are still up for sale on third-party app stores around the web.


News URL

https://www.bleepingcomputer.com/news/security/tens-of-thousands-scammed-using-fake-android-cryptomining-apps/

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Android 4 0 17 2 0 19