Millions of Android Users Scammed in SMS Fraud Driven by Tik-Tok Ads
Threat actors are reportedly using malicious Android apps to scam users into signing up for fraudulent premium SMS subscription services. The scam results in victims’ racking up massive phone bill charges. The campaign is reportedly being driven by TikTok ads. Security firm Avast first uncovered the campaign, which it has named UltimaSMS. The fake apps range in nature from keyboard apps to QR code scanners, to games, to camera filters, according to Avast. At least 151 fraudulent apps are part of the campaign and have been downloaded collectively more than 10 million times.