Security is one of the most important issues in crypto, and security awareness is a must before financial literacy. A significant portion of investors are vulnerable to attacks. They can trade on untrusted websites or applications. The last of these is Google It turned out that the Play Store was also involved in the incident.
Play Store Crypto Apps
GoogleThe wallet app uploaded to ‘s app store was actually malicious and was created by a woman named Maria Vaca crypto- swallowed all of its investors’ capital. Although it looked like a legitimate wallet application, the attackers uploaded this program to the app store as a trap, aiming to steal users’ cryptocurrencies. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
After the bad experience, Vaca filed a lawsuit against Google. Maria claims that it is the company’s fault that such dangerous apps can be published on the store, and accuses the authorities of negligence. Google is responsible for protecting its users against fraudulent apps, and such negligence can lead to much greater losses and data theft.
Fraudulent Apps
Google filed a lawsuit in April of this year against several fake apps that were found to have defrauded more than a hundred thousand users worldwide. These included exchanges, wallets and other categories. crypto- There are related applications. Attackers submit their applications with fake identities and misleading information to bypass Google’s security checks.
Moreover, remotely updateable codes, hidden or encrypted malicious code blocks cause Google audits to fail even more. For example, when you create a new wallet in a wallet application, code tricks can be added that show you the attackers’ own wallets. When this is done for every user, it is noticed and this attack can be done to one user in 100 so that it is not understood. Or the wallet works normally, but while you think you are making a transfer to your own address in the interface, this transfer can be directed to the attackers’ address in the background.
Legal experts say the outcome of Vaca’s case will largely depend on whether Google knew about the fraudulent practice, as well as how long the app remained on the store.
Vaca’s lawyer, Chris Vernon, said this is neither the first nor the last time this has happened, and that as the digital economy grows, giants like Google need to further enhance their security mechanisms to protect customers.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
