Possible Android based fake applications

New Google Android based mobiles phone are being released one by one and the trend of fraudulent android applications has started to surface.Among the several applications that were available on Android Market, it was observed that few moblie banking applications were providing the facility of just connecting the user to mobile banking website of the bank.

Unsuspecting users downloaded the applications on to their new Android phone and started to use the applications. It is now observed that the banking applications were not released by the bank and are posted by some third person on Android Market. These applications were immediately removed from the Android Market.

Our advise to users is to avoid using third party applications for any banking or financial related use which are not released or authorized by the bank itself. It is not difficult for these fake applications generators to steal the users login password and PIN while you are entering them in the application to connect to the banking website.

So play around the new OS and applications but not by providing critical access credentials..