Researchers at cybersecurity firm ESET have identified 18 SpyLoan apps targeting Android users in India and other countries. Google has removed 17 of these apps from Play Store, but they had already amassed over 12 million downloads worldwide. These deceptive loan apps present themselves as legitimate services but trap users with high-interest rates and collect their personal information.
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Google Play removes 17 fake loan apps: Why users need to delete these apps right away
Researchers at cybersecurity firm ESET have identified 18 SpyLoan apps targeting Android users in India and other countries. Google has removed 17 of these apps from Play Store, but they had already amassed over 12 million downloads worldwide. These deceptive loan apps present themselves as legitimate services but trap users with high-interest rates and collect their personal information.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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