READ THIS NEXT: Security Experts Warn All Gmail and Facebook Users to Do This Now. Over the past few months, Android users have been no strangers to warnings from Google and security experts about a string of new security threats targeting their devices. On June 14, antivirus company Dr. Web announced that it had discovered the popular PIP Pic Camera Photo Editor app on Google’s Play Store contained potentially dangerous malware. Once downloaded, the program can steal the user’s Facebook login credentials, which hackers can then use to commit identity fraud online, gain access to other accounts, and send scam messages to the victim’s contacts, The Sun reported. Other threats have also targeted users’ funds. In April, financial cybersecurity firm ThreatFabric announced in a blog post that it had discovered a new version of an infamous piece of Android-targeting Trojan-style malware known as “Octo” that allows hackers to take over any devices that download it, giving them access to sensitive information and allowing them to commit fraud tied to bank accounts. And in May, cybersecurity firm Kaspersky announced that it had discovered three apps in the Google Play store that contain Trojan-style hacker software known as “Jocker.” The program lures victims by pretending to be other popular apps, but once installed, the malware takes control of the device and signs the user up for costly subscriptions to other services. But now, experts are warning of another threat making the rounds.ae0fcc31ae342fd3a1346ebb1f342fcb On June 15, cybersecurity firm F5 Labs announced it had discovered a new type of malware targeting Android users known as MaliBot. Experts warn that once the Trojan-style software is downloaded onto a device, it goes to work stealing the credentials and codes it needs to access banking accounts, cryptocurrency wallets, and other personal data. Thieves can then use the information to hijack accounts and steal funds, The Sun reports.
RELATED: For more up-to-date information, sign up for our daily newsletter. According to the report from F5 Labs, the malware works its way onto devices by disguising itself as other popular apps, including a legitimate cryptocurrency mining app known as The CryptoApp, which has more than a million downloads on the Google Play Store, The Sun reports. They also warn MaliBot has been tied to bogus copycat versions of a cryptocurrency app called Mining X. Once installed, experts from F5 warn that the malware can take over your device, granting it control to receive, send, and delete text messages that it uses to steal authentication codes needed to access financial accounts. Fortunately, the experts from F5 say there are some easy ways to avoid falling victim to this latest cybersecurity threat. They recommend only downloading apps or software from trusted official sources such as the Google Play store. However, since security threats still slip through, it’s best to always research developers and read reviews before installing a new program onto your device. If you begin to question the authenticity of a program, delete it immediately and change your passwords and security credentials on any of your sensitive accounts. Cybersecurity experts from Kaspersky also recommended being wary of strange behavior from newly downloaded apps, especially how they request permission to features on your device. They caution to “only allow access to notifications for apps that need it to perform their intended purposes—for example, to transfer notifications to wearable devices. Apps for something like themed wallpapers or photo editing don’t need access to your notifications.” READ THIS NEXT: If You Have an Android, You’ll Be Barred From Doing This, Starting in August.