Tech

App stores are increasingly becoming a major security worry

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  • Gen research claims malicious apps on major app stores are on the rise
  • New banking trojans, predatory loan apps, and similar, have been spotted
  • Official app stores are still a safer bet than third-party ones

App stores are becoming an increasingly major security concern, as more and more malicious apps are discovered in stores owned by major brands, experts have warned.

A new report from cybersecurity researchers Gen claims it observed new mobile bankers (phone applications designed to steal banking information) launched in the fourth quarter of 2024, often disguising themselves as Visa apps, dating apps, or Chrome browsers. Gen added that the well-known BankBot banker compromised 236% more devices compared to the previous quarter.

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