Trend Micro: Hackers Using Android App For Sextortion   

 

Researchers found that the extortionists first lure their victims through a number of online chatting tools   
Saturday, March 28, 2015:  Security software company Trend Micro has come up with a new finding in which they detected that criminals have developed advanced mobile applications and tools that siphon their victims’ online passwords and contacts to increase the chance that they will pay up.

In a latest report ‘sextortion in the far east’, Trend Micro’s researchers detailed a new Android app that criminals are using to pressure their victims into blackmail.

Sextortion is the act of coercing cybercrime victims to perform sexual favors or to pay large amounts of money in exchange for the non-exposure of their explicit images, videos, or conversations.

Cybercriminals lure, record, and threaten their victims online, which includes a mobile malware component. During their chat or Skype session, cybercriminals convince victims to install a data stealer or disguised Android malware that steals victim data off their device. Cybercriminals can then threaten their victims with the possibility of sending the explicit content to their victim’s contact list. The malware these cybercriminals used are persistent and exhibit various intrusive behaviors.

Researchers found that the extortionists first lure their victims through a number of online chatting tools. Once the trap is set, they feign audio or messaging problems to persuade their target to download one of four malicious Android apps. Using their email, social media and bank accounts, Trend Micro traced several of the Android app developers and their money go-betweens to China.

The company found evidence that the criminals opened different bank accounts for each extortion campaign, which typically, lasted for a few weeks. 

Sushma rani, EFYTIMES News Network 

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