A recent study by Gen researchers has shown an increase in malicious apps infiltrating major app stores. These include new banking trojans and predatory loan applications posing as legitimate services, such as banking apps or dating platforms. While official app stores remain a safer option than third-party stores, experts caution that the security of these platforms is increasingly at risk.

The report highlights the rise of mobile bankers that steal sensitive banking information, with some disguising themselves as popular apps like Visa, dating platforms, or web browsers. Additionally, notorious malware like BankBot has significantly compromised more devices compared to previous quarters. Malicious loan apps are also on the rise, promising easy money while exploiting users’ personal data for extortion purposes.

Cybercriminals are employing innovative tactics to distribute malware through app stores. For instance, a recent discovery revealed malware disguised as a BMI calculator on the Amazon App Store. Fortunately, major app stores like Apple’s App Store, Google Play Store, and Samsung Galaxy Store prioritize user security by implementing stringent security measures. Automated malware detection, manual app reviews, and developer guidelines are enforced to ensure harmful apps are prevented from reaching users. Features like Google Play Protect and Apple’s notarization process further bolster safety measures.

While no platform is entirely immune to risks, the inherent security measures in place make official app stores a relatively safer option compared to third-party sources. Despite occasional breaches, the continual efforts to enhance security and protect users signify the commitment of major app stores to provide a secure environment for their customers.