They identify a large-scale financial scam of the ‘pig slaughter’ type from the Google and Apple stores Cybersecurity researchers have identified a set of applications present in the Apple and Google stores that are promoted as legitimate services to deceive their victims with a practice known as ‘pig slaughter.
‘Pig butchering’ is the name given to a type of financial fraud scheme who, through sophisticated tactics, manage to manipulate the victim and convince them to agree, for example, to invest in cryptocurrencies or another type of product.
Or what is the same: cybercriminals They use social engineering to get to know their victim better and gain their trust (baiting the pig) before introducing her to the financial scam, which requiresand downloading an app and ends with the theft of their money (taking them to the slaughterhouse).
This is the scheme that Group-IB researchers have found in ua series of applications published in the App Store (Apple) and Play Store (Android)where they were promoted as legitimate services, for example, for solving math problems or gathering news. When digital stores detected and eliminated them, cybercriminals began to distribute them through ‘phishing’.
Once downloaded, the application asked the user to registerfor which it first requested an invitation code, which it sent to the phone. Next, already in the registry, I requested information (personal identification and labor datal) and the income of an amount of money. From here, the cybercriminals gave instructions to the victim until They finally emptied the account and stole the money.
“Cybercriminals continue to use trusted platforms such as Apple Store or Google Play to distribute malware camouflaged in legitimate applications, taking advantage of users’ trust in safe ecosystems,” Group-IB points out on its official blog. These applications have been detected in the Asia-Pacific, Europe, Middle East and Africa regions, although they consider that their “real reach could be much greater.”
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