Get the latest tech news

iOS and Android Security Scare: Two Apps Found Supporting 'Pig Butchering' Scheme

"Pig Butchering Alert: Fraudulent Trading App targeted iOS and Android users." That's the title of a new report released this week by cybersecurity company Group-IB revealing the official Apple App Store and Google Play store offered apps that were actually one part of a larger fraud campaign. "...

"Pig Butchering Alert: Fraudulent Trading App targeted iOS and Android users. The first discovered application, distributed through the Apple App Store, functions as a downloader, merely retrieving and displaying a web-app URL. They argue their research "reinforces the need for continued review of app store submissions to prevent such scams from reaching unsuspecting victims".

Get the Android app