From gbhackers.com
Hackers in India are using fake loan applications to target Android users to take advantage of the rising demand for digital financial services by enticing consumers with instant credit offers.
These malicious apps often steal personal and financial information, which leads to identity theft and financial fraud.
The large user base and growing reliance on mobile-based financial transactions make Indians great targets for such frauds.
Cybersecurity researchers at Cyfirma recently discovered that hackers from Pakistan are actively targeting Indian Android users with fake loan applications.