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Ecobank has issued a security advisory warning customers about fraudsters using fake mobile applications to steal banking credentials and intercept OTPsThe bank identified fake sports betting, streaming, banking support, and phone update apps as common disguises used by cybercriminalsEcobank urged customers to download banking apps only from the Google Play Store or Apple App Store and to report all suspicious activity immediately
Ecobank has issued a security advisory urging its customers to exercise caution when downloading mobile applications, warning that cybercriminals are deploying fraudulent apps to gain unauthorised access to personal banking accounts.
The bank said fraudsters are circulating fake advertisements and pop-up prompts across social media platforms, websites, and messaging applications to lure users into installing malware-loaded apps.
Ecobank warns fake mobile apps can trigger unauthorized bank transactions. Photo: NurphotoSource: Getty Images
How the Malware Works
In a message to customers seen by Legit.ng on Thursday, July 16 the bank said these applications
