A set of 15 malicious SpyLoan apps, discovered by McAfee, has been installed over 8 million times on Google Play, primarily affecting users in South America, Southeast Asia, and Africa. These apps, disguised as financial tools offering fast loans, steal sensitive data and blackmail users with high-interest payments, using extorted information for harassment. Despite being removed from the Play Store, the persistence of these apps highlights ongoing security challenges.

Relevant URL: https://www.bleepingcomputer.com/news/security/spyloan-android-malware-on-google-play-installed-8-million-times/amp/