ESET researchers have just concluded their analysis of fake cryptocurrency wallets that emerged on Google Play at the time of bitcoin’s renewed spike in value. This month has seen bitcoin growing, with its price climbing to its highest point since September 2018. Not surprisingly, cybercriminals were quick to notice this development and started upping their efforts in targeting cryptocurrency users with various scams and malicious apps. One is impersonating the popular hardware cryptocurrency wallet Trezor. The illegitimate app was connected to a fake cryptocurrency wallet app named “Coin Wallet – Bitcoin, Ripple, Ethereum, Tether,” which is capable of scamming unsuspecting users out of money.
“We haven’t previously seen malware misusing Trezor’s branding and were curious about the capabilities of such a fake app. After all, Trezor offers hardware wallets that require physical manipulation and authentication via PIN, or knowledge of the so-called recovery seed, to access the stored cryptocurrency,” explains Lukáš Štefanko, the ESET researcher who conducted the research, concerning his interest into this specific fake app.
Analyzing the fake app, ESET found that it can’t to do any harm to Trezor users’ crypto-savings given Trezor’s multiple security layers; however, it is connected to a fake cryptocurrency wallet app “Coin Wallet,” which is capable of scamming unsuspecting users out of money. “Both these apps were created based on an app template sold online,” he adds.
The app masquerading as a mobile wallet for Trezor was uploaded to Google Play on May 1, 2019, under the developer name “Trezor Inc.” Overall, the app’s page on Google Play appeared trustworthy at first glance. At the time of our analysis, the fake app even came up as the second most popular result when searching for “Trezor” on Google Play, right behind Trezor’s official app. However, the fake app is used to phish for login credentials.
The server used to harvest credentials from the fake Trezor app is hosted on coinwalletinc.com. Looking into the domain led us to another fraudulent app, named “Coin Wallet” on its website and on Google Play. They also overlap in code and interface. The website contains a link to Google Play, where the app was available from February 2019.
“The app claims it lets its users create wallets for various cryptocurrencies. However, its actual purpose is to trick users into transferring cryptocurrency into the attackers’ wallets – a classic case of what we’ve named wallet address scams in our previous research into cryptocurrency-targeting malware,” says Lukáš Štefanko.
Finally, Štefanko offers a few tips around how to stay safe with cryptocurrencies online:
- Only trust cryptocurrency-related and other finance apps if they are linked from the official website of the service.
- Only enter your sensitive information into online forms if you are certain of their security and legitimacy.
- Keep your device updated.
- Use a reputable mobile security solution to block and remove threats.
We have reported the fake Trezor app to Google’s security teams and have reached out to Trezor about the publication of this blog post. Trezor confirmed that the fake app did not pose a direct threat to their users. However, they did express concern that the email addresses collected via fake apps such as this one could later be misused in phishing campaigns. At the time of writing, neither the fake Trezor app nor the Coin Wallet app are available on Google Play.
Now Get 24×7 Services on Airtel Thanks App
Airtel will continue to provide all essential services to its customers 24×7 even during the lockdown. In Telangana, the services will be available from 6 am to 10 am in Andhra Pradesh from 6 am to 12 Noon at all retail outlets and Airtel stores in compliance with Covid protocols.
Airtel has made recharging all its services distance-friendly to encourage safe social distancing and in hopes to ease your self-quarantining efforts. The Airtel Thanks App allows you to manage as well as recharge all your Airtel connections without having to step out of your home. This includes, prepaid plan, DTH connection, data card, post-paid bills etc. Here’s how you can do it
To recharge on the Airtel Thanks App, follow these easy steps:
Step 1: Install the Airtel Thanks App
Step 2: Click on the ‘Recharge’ tab. Pick the service – mobile, internet, DTH – that you want to recharge.
Step 3: Enter your registered mobile number or DTH account number
Step 4: Select your preferred pack
Step 5: Pay online with your debit or credit card, UPI account, or Amazon pay account
Airtel Thanks app also lets you make other transactions securely from your phone such as paying electricity and water bills, transferring money to someone etc. This is Airtel’s bid to make the lockdown easier for you. You can do the same for someone else who cannot do it themselves, such as your house help, watchman or even an elderly in the nerighbourhood. Stay safe. Stay connected.
Paytm Rolls Out New Features for Its COVID-19 Vaccine Finder
Paytm announced that over 1.5 million citizens have registered for the COVID-19 Vaccine Finder on its Mini App store. The platform helps citizens to check the availability of slots for a specific date by individually entering different PIN codes or district details along with age group (18+ or 45+). The company said that it has now launched more advanced filtering options for its Vaccine Finder that help the user to generate personalised leads including information such as the type of vaccine available and the fee charged for it.
The Vaccine Finder helps citizens research between Covishield, Covaxin & decide on the best suitable option for them. The Vaccine Finder is now available in 11 regional languages enabling almost everyone across the country to seamlessly book slots for vaccination. It has witnessed users from over 730 plus districts registering to find vaccine slots.
The company said that over the last few days the vaccine service has empowered citizens across the country to book slots, enabling maximum numbers of citizens to initiate the process of getting vaccinated in a timely manner.
Paytm spokesperson said, “We are extremely humbled by how our vaccine finder is helping citizens book slots in a timely manner. With the right use of technology and strategy put in place by authorities, we are optimistic about steering our country clear of the second wave of the pandemic. We believe that with the combined efforts of Government, organizations, and citizens, we are on the right track to recovery.”
Paytm Offering Payment Gateway Services at Zero Transaction Fees to NGOs
Paytm announced that it is offering its Payment Gateway services at 0% transaction fees to all registered NGOs across the country, in an effort to help them secure maximum resources for swift, seamless, and smooth Covid Relief work. This service would be applicable on donations of up to Rs. 10 lakh. This move will help NGOs save lakhs of rupees in transaction fees, which they would be able to use for providing more aid and relief to those affected by the pandemic.
To help NGOs immediately start accepting all forms of digital payments, the company is offering instant account activation and same-day settlement facility along with zero charges on setup and maintenance. During these unprecedented times, the company wants to ensure that NGOs that are tirelessly working to help those affected by the pandemic by providing food, medicines, oxygen cylinders do not have to wait for 2-3 days to receive contributions made to them by aware citizens and companies. With the Paytm Payment Gateway NGOs are able to get the funds the same day so that they can immediately put the resources to good use.
The company is already offering its payment gateway services to few of the largest NGOs in the country who are doing commendable work in helping people during the pandemic. It is aiding several small NGOs in tier-II, tier-III and beyond cities to start accepting contributions digitally so that they have adequate funds. Over the last several weeks, the Paytm Payment Gateway has seen a 400% increase in donations to NGOs via its payment gateway.
Paytm Spokesperson said, “NGOs have always been an integral part of social welfare in India. During this ongoing pandemic, they have played an important role in helping millions of citizens get access to food, healthcare, monetary support among other things. We want to do our part in helping them perform their services better by ensuring that they are able to seamlessly, smoothly and immediately get access to funds. Our aim is to help NGOs serve millions of more people and contribute in saving many more lives.”
Paytm recently announced that Paytm Foundation will be setting up oxygen plants in 12-13 cities as hospitals across pan-India face oxygen shortage amid the tumultuous second Covid-19 wave. These oxygen plants would be directly installed at hospitals, which would serve the oxygen needs for the entire hospital. Paytm Foundation, in association with AIF, Act foundation and Elevation Capital is sourcing Oxygen Concentrators that would be sent to government hospitals, COVID care facilities, private hospitals, nursing homes among others.
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