<ul><li>15 SpyLoan apps with a combined total of 8M+ installs were found on Google Play, targeting users in South America, Southeast Asia, and Africa.</li><li>SpyLoan apps exploit social engineering to gain sensitive user data and excessive permissions, leading to extortion, harassment, and financial loss.</li><li>The researchers reported the apps to Google who notified the developers that their apps violate Google Play policies. Some apps were suspended by Google from Google Play while others were updated by the developers.</li><li>SpyLoan activity has surged, with malicious apps and infected devices increasing over 75% from Q2 to Q3 2024, highlighting their growing mobile threat presence.</li></ul>

15 SpyLoan Android apps found on Google Play had over 8 million installs

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