Android users are bugged by hundreds of thousands of dollars. Where is Google looking?

Lookout Threat Lab has identified 170 new malicious Android apps. Most were distributed through third-party stores, and 25 of them were found in the Google Play Store.

These applications look different from each other, that is, the scammers have done a good job on their branding, so that it seems that they were developed by different people. However, it is obvious that they have one creator, since they all work on the same principle. Users are invited to get access to cloud mining for little money and receive income from cryptocurrency mining. It would seem that the service is quite useful: you paid, received the computing power of the server, and you can only periodically log into your account and withdraw cryptocurrency, exchanging it for real money.

Lookout Threat Lab

If cloud cryptomining were so profitable, why would someone need to rent out their resources, if it is more profitable to mine yourself? Naturally, the scammers’ settlement was completely different – they simply took the money without providing anything in return.

According to statistics, in the Play Store alone, these malware were installed at least 93 thousand times. Lookout Threat Lab Specialists countedthat Android users spent more than 350 thousand dollars in these applications (which on average is not so much, if divided by all). They informed Google about their find, which removed the malware and set up the Play Protect built-in Play Store so that such applications no longer end up in the store.

Source: by

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