Mobile app phishers recently set their sights on the Google Android platform, releasing over 50 fraudulent banking applications in the market. Thankfully, Google stepped in quickly, removing the applications from the Android Market before any significant damage was done.
The apps didn't contain any malicious code, but they were designed to direct users to online banking sites where the app would try to obtain log-in credentials and other banking information. These applications were not created by any particular financial institutions although they did appear to be from Bank of America, Wells Fargo, Chase, and others. Allegedly the handiwork of … Read more