Fraudulent Android App Steals Online Banking Credentials

First Tech credit union has issued a security alert regarding a fraudulent Android smartphone app posted on Google’s Android Marketplace. The app purports to be mobile banking tool. Naturally it is actually a phishing scam, that will steal your banking username and password if you actually use it to log into your online bank account.

The app was posted by a user with the alias “Droid09?.

SCMagazineUS.com wrote today that several applications that were fraudulently using the names of banks, without their permission, have been removed from the Google Android Market.

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