Malicious banking app found in the Android Marketplace

Malicious banking app found in the Android Marketplace
Highly touted as being an open development platform, you may want to be more cautious the next time you download and install an app from the Android Martketplace. One particular application has been found to contain malicious code that tries to compromise banking information on your Android handset – thus possibly being used for banking/credit/identity fraud. First Tech Credit Union, who is being affected by it all, has posted a statement on their web site informing anyone who downloaded the Droid09 app to immediately uninstall it. Droid09 was a rogue Android app that creates a shell of mobile banking apps that attempts to gain financial information. First Tech Credit Union does not currently have an app available on the Android Marketplace – so it’s a little bit scary to imagine how apps are meticulously being looked at before making its way onto the Marketplace. As a precaution, always double check your financial institution if you’re unsure if there is an app available for your specific platform.

source: First Tech Credit Union via PhoneNews


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10 Comments

1. rhomaion

Posts: 187; Member since: Sep 23, 2009

What? No friggin fanboys to pass the time by with...? Well I'll just say it then, way to go "open source". Another problem I found with google thinking they are so good at what they do that they don't actually stop to think.

3. E.N.

Posts: 2610; Member since: Jan 25, 2009

I was going to say the same thing. There are already a lot of security issues on the iPhone and it's watched like a hawk by Apple. I can only expect more stuff like this in the future. Maybe not banking, but surely things like hacks into the phone's system, etc. I was actually waiting for something like this to happen.

5. TheEclectic

Posts: 77; Member since: Sep 23, 2009

Yeah Open Source is so terrible because we all know that Firefox has so many more security issues than Internet Explorer... oh wait it doesn't. Is that because Open Source product holes can be filled immediately be anyone with know-how? Why yes it is! Trying to hate on Open Source and propping up regulatory, proprietary companies like Apple for example is like hating on the free market and expounding the greatness of communism. An Open Source world in the tech business fixes problems immediately because everyone can contribute to a solution that is in everyone's interest.

10. Illyich

Posts: 167; Member since: Oct 13, 2009

Communism is pretty sweet. Also, that analogy isn't exactly apt.

2. tuminatr

Posts: 1092; Member since: Feb 23, 2009

its the internet lots of thieves out there 2nd question why would you download a app that is not from your bank?

4. cj100570

Posts: 204; Member since: May 12, 2009

I agree, why would you download a banking app that's not from your bank? And contrary to the comments of the 2 douches above this has nothing to do with open or closed source. Even with a vetting process this could happen and it has on the iPhone!

6. crappypunk

Posts: 131; Member since: Aug 15, 2009

what was the first question?

7. icarus

Posts: 24; Member since: Dec 12, 2008

"Highly touted as being an open development platform, you may want to be more cautious the next time you download and install an app from the Android Martketplace" really???? Does this site ever stop trying to smear everything that doesn't have an apple on it? they took a legit news story and put the most negative spin possible on it. Add this to the fact that if there is a blog anywhere on the internet that has anything bad to say about any phone, this site will run a full story on it. You people are pathetic

8. Rhetoric

Posts: 74; Member since: Jul 25, 2009

What do you expect, you *are* posting on AppleInsider after all. Right? Right???

9. icarus

Posts: 24; Member since: Dec 12, 2008

you know, the thing is i'm not even a fanboy. i use a Mac desktop and my fiancee has a I-pod touch. I've use the I-phone and like it, but for my area Verizon, and therefore the Droid, is the only way to go. I just don't understand how a tech site can be so blatantly in the bag for one phone from one carrier and illustrates the negatives of every other phone whenever possible... if i find a bunch of blogs with negative articles about the I-phone and send the links to Phone arena, think they'll be honest and post them? i think not

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