New online banking fraud: RBI warns of mobile app that can steal money from your account

New online banking fraud: RBI warns of mobile app that can steal money from your account

In a new banking fraud in India, criminals are now looking at ways to convince people to download remote device control apps like AnyDesk. The Reserve Bank of India (RBI) has warned users from downloading the AnyDesk app particularly on their smartphones that can reportedly help fraudsters wipe clean bank accounts. In a recent advisory, the RBI has mentioned that while the app asks for regular privacy permissions, it is capable of acquiring full access to your smartphone remotely and would let fraudsters carry out banking transactions remotely. Here is everything you need to know about AnyDesk or other similar remote device control apps and the new type of banking fraud.

It all starts with a call from your bank. The fraudster will call as a bank representative to grab your attention

The entire agenda of the fraudster is to convince you to download the ‘AnyDesk’ app, as per RBI

To make the call appear real, the fraudster will verify the victim’s details like name, date of birth and mobile number

The fraudster will generally try to scare you by saying your card will get blocked or something similar to convince you

After you download the AnyDesk app, it will ask for privacy permissions like any other app

Once you allow the app to have all permissions, the app takes full control of your device without your knowledge

After this the fraudster will ask for a 9-digit app code that is generated on the victim’ phone

Once the fraudster gets this 9 digit code, he will ask the victim to grant permission from the device.

Post this, the fraudster will get full access to the victim’s device remotely without his/her knowledge

The ‘AnyDesk’ app is created as an handy tool to remotely connect to a device. However, lack of awareness about the risks of AnyDesk among users is making it a handy tool for fraudsters

The RBI has warned that by using this app, fraudsters could steal money via UPI or mobile wallets

Note that AnyDesk is not the only app to be worried about. In fact, there are plenty of remote device control apps that can do it.


Source:- gadgetsnow


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