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SpyLend Android malware found on Google Play enabled financial cyber crime and extortion

  • Researchers discovered the SpyLend Android malware on Google Play, which targeted Indian users with unauthorized loan apps, enabling predatory lending, blackmail, and extortion.
  • The Finance Simplified app, posing as a finance tool, was downloaded 100,000 times from Google Play and has received negative reviews reporting blackmail, harassment, and photo manipulation.
  • The malware gains excessive permissions to access sensitive data including contacts, call logs, SMS, photos, and location. It captures clipboard data and uses stolen information for blackmail and extortion.
  • SpyLend utilizes a custom C2 server and admin panel in English and Chinese, suggesting Chinese-speaking attackers. The app creates deepfake photos to coerce payments, highlighting severe impact on user privacy and security.

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