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Combating the Risk of Rogue Mobile Trading Apps in India’s Financial Sector
Cybercriminals are leveraging rogue mobile trading applications to conduct large-scale fraud, targeting investors, brokerage firms, financial institutions, and trading platforms in India. These malicious apps exploit trust by impersonating legitimate trading platforms, financial services, and stock exchanges to steal funds, exfiltrate sensitive data, and manipulate financial transactions.
The adversary groups behind these attacks employ advanced techniques, including malicious APK injection, DNS spoofing, credential harvesting, API abuse, and financial fraud automation. This advisory provides a technical and strategic response framework for organizations impacted by rogue mobile trading apps.
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