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Be on the Lookout for Fake Apps

In the past concerns with apps mainly included installing an app that contained malicious code to infect your phone with a virus. Nowadays, fraudsters are trying a new tactic to deceive unsuspecting app users. The fraudsters are targeting popular retailers (like Dillard's) who do not have an app presence yet and are creating a fake app which contains no malicious code. Instead, users are tricked into inputting their debit/credit card information and other personal information into the app. The fraudsters in turn use this information to steal the user's identity and/or use the user's card in fraudulent transactions. According to the New York Times article, some of these apps can still contain malware to infect the phone or steal information. These fake apps are appearing in both the Apple iTunes store and Google Play store.

To learn more about this recent issue with fake apps, please visit nytimes.com.
 

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