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Over 25 mn devices at risk: What is FatBoyPanel, the new malware targeting Indian users? | Technology News

Over 25 mn devices at risk: What is FatBoyPanel, the new malware targeting Indian users? | Technology News

An Indian dairy businessman lost all of his savings after being duped into downloading a mobile banking application, which was embedded with a sophisticated malware called FatBoyPanel. The malware poses as legitimate applications or officials, and once installed, it gains access to sensitive data and one-time passwords to make unauthorized transactions. FatBoyPanel targets Indian users and has been found in nearly 900 applications. Experts suggest avoiding sideloading APKs, using real-time threat detection software, and verifying app sources to safeguard against such frauds.

Source: indianexpress.com –

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