Google pulls 17 deceptive Android loan apps targeting users in India, other nations

According to the report by ESET Research, these apps had more than 12 million downloads globally from Google Play before their removal.

Such deceptive Android loan apps are named as ‘SpyLoan apps’.

“These malicious applications exploit the trust that users place in legitimate loan providers, using sophisticated techniques to deceive people and steal a very wide range of personal information,” said ESET researcher Lukas Stefanko, who uncovered many of the SpyLoan apps.