Fraud alert: CBI warns of Covid apps that can steal your money

CBI has informed of a malicious app that uses an update related to the coronavirus pandemic and steals financial data such as credit card or debit card number of the person who has installed it and can later withdraw the money from account.

Photo for representational purpose.

HIGHLIGHTS

  • CBI has alerted govt about malware in Covid alert apps
  • The Trojan uses these apps to enter your phone and steals data
  • The data can then be used to steal your money from your bank accounts

If you have installed any application on your smartphone for updates on the coronavirus pandemic, then you may lose your money, the Central Bureau of Investigation has warned.

In an alert to all states, Union territories and central agencies, the CBI has informed of a malicious app that uses an update related to the coronavirus pandemic and steals financial data such as credit card or debit card number of the person who has installed it and can later withdraw the money from the account.

The agency recently received input from the Interpol, relating to a banking Trojan known as Cerberus. “This malicious software takes advantage of Covid-19 pandemic to impersonate and send SMS using the lure of Covid-19 related content to download the embedded malicious link, which deploys its malicious app usually spread via phishing campaigns to trick users into installing it on their smartphones,” reads the CBI alert.

According to the federal probe agency, this Trojan primarily focuses on stealing financial data such as credit card numbers. “In addition, it can use overlay attacks to trick victims into providing personal information and can capture two-factor authentication details,” said the CBI.

Many state police have received complaints regarding financial fraud during the coronavirus pandemic.

IndiaToday.in has plenty of useful resources that can help you better understand the coronavirus pandemic and protect yourself. Read our comprehensive guide (with information on how the virus spreads, precautions and symptoms), watch an expert debunk myths, and access our dedicated coronavirus page.
Get real-time alerts and all the news on your phone with the all-new India Today app. Download from

  • Andriod App
  • IOS App

[ad_2]

Source link

About the author: Sohom Das
Founder of Tuccho.

We will be happy to hear your thoughts

      Get involved!

      Get Connected!

      Come and join our community marketplace. Expand your network, get to know new people and start earning!

      Comments

      No comments yet
      Tuccho
      Logo
      Register New Account
      Reset Password
      Compare items
      • Total (0)
      Compare
      0