New smartphone malware is stealing bank details: 5 important things to know to remain safe
Octo malware can steal your bank account details. Check how to remain safe inside.
New Delhi: Octo, a new malware that is said to be capable of stealing bank details of smartphone users, is now seen as a dangerous threat. Smartphone users are being updated about the new malware that could misuse the bank details of users to empty their accounts.
What is more shocking is the fact that the malware entered their smartphones via apps that were downloaded from Google Play Store. According to media reports, it has infected more than millions of phones.
Here’s how you can protect your smartphone and banking information from Octo Malware:
Understanding Octo Malware
Octo Malware is a variant of Trojan ExobotCompact and it disguises itself within apps that appear as safe on Google Play Store. But once the users install the app, it starts stealing information from their phones. Users will see a black screen that is actually fake so they think that the phone has stopped working.