Smartphone users warned to delete 15 dangerous, ‘predatory’ apps: ‘A global threat’

Millions of people are at risk after downloading dangerous apps on their smartphones.

Cyber ​​security company McAfee has identified 15 malicious apps that have been downloaded to at least 8 million Android phones and warned of “significant global growth in … predatory loan apps.”

The apps, which McAfee called “a global threat,” have since been reported to Google moderators. While some have been removed from the Google Play Store, others have simply been updated by the app developers.

So-called loan apps promise users quick loans, but ultimately it’s to their detriment – ​​the malicious software tricks them into giving up sensitive information, gains access to other apps on the device, and can result in “ extortion, harassment and financial loss. “

While the app’s reviews are filled with glowing, five-star ratings, some disgruntled customers have expressed displeasure in their comments, claiming the companies threatened them and calling the businesses a “scam.”

“SpyLoan apps are intrusive financial apps that lure users with promises of fast and flexible loans, often featuring low fees and minimal requirements,” McAfee said in the report.

“Ultimately, instead of providing genuine financial help, these apps can lead users into a cycle of debt and privacy violations.”

SpyLoan apps have become a widespread issue over the past four years, but McAfee warns that there has been “a rapid increase in their activity recently”. According to the cyber security company, between the end of the second quarter and the end of the third quarter of this year, the amount of SpyLoan apps and infected devices increased by 75%.

Cyber ​​security firm ESET previously issued a warning about SpyLoan apps last year, 17 of which were found hidden in the Google Play Store, and encouraged Android users to delete the apps.

In addition to removing software from their phones, users are encouraged to review apps and their developers before downloading anything to their personal devices. McAfee advises double-checking that the developer is registered and licensed in the user’s country and reading reviews from other people who have downloaded the app.

According to McAfee, users should also carefully review what permissions are given to the apps they download and limit them, as well as regularly update their devices and be careful about sharing sensitive information.

Users can also report apps they suspect are fraudulent and contact local authorities if they become victims of cybercrime.