Tech-sperts are warning smartphone users to delete 17 popular finance apps that have been found to be infected with malware.


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Tech-sperts are warning smartphone users to delete 17 popular finance apps that have been found to be infected with malware.

These digital Trojan horses have the potential to steal sensitive data from your phone, such as financial information, reports the New York Post.

Known as SpyLoan apps, these problematic apps have been prevalent in Google’s Play Store — and some have been discovered in Apple’s App Store as well, Forbes reported last month.

“Since the beginning of 2023, [our] researchers have observed an alarming growth of deceptive Android loan apps,” Lukas Stefanko, of the cybersecurity firm ESET, wrote in a post.

Tech-sperts are warning smartphone users to delete 17 popular finance apps that have been found to be infected with malware. Picture: Supplied

Tech-sperts are warning smartphone users to delete 17 popular finance apps that have been found to be infected with malware. Picture: Supplied

He explained that these insidious apps — which can also be found on scam websites and in third-party app stores — masquerade “as legitimate personal loan services, promising quick and easy access to funds.”

However, once downloaded, these digital wolves in sheep’s clothing install sophisticated malware that can “extract a wide range of personal information from unsuspecting users,” per ESET.

Oft-hijacked data includes everything from account details to contact lists and even SMS texts.

ESET has since alerted Google to 18 such apps in its Play Store — with all but one removed because it’s no longer deemed a SpyLoan app.

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