What a really good Spyware can do to you.

This is a true life story.

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A friend of mine has been a victim of bank transfer fraud four times within the past 6 months.

After the first incident, he stopped using an ATM card. That didn’t stop the criminal from striking again.

The second time it happened, he changed the phone number linked to his bank account. That still didn’t prevent another attack.

He later opened a new account and still got defrauded within the first week.

When he reached out to me about the issue, I told him that there was probably a Spyware installed on his phone.

(A Spyware is a software with malicious behavior that aims to gather information about a person or organization and send such information to another entity in a way that harms the user.)

When this Spyware is installed in your device, it snatches text messages and other information that can be used to access your bank account or other online accounts.

For a example, if an SMS message Spyware is running on your mobile phone it means if the hacker that has access to that spyware initiates a transaction on your bank account or initiates a password reset on your email account, s/he will also receive the SMS OTP sent to your phone.

This act happens in a matter of minutes.

Now, back to the gist.

Well, I wasn’t wrong about the spyware thing. We went through his apps together and found a strange app called WI-FI. If you click the app it doesn’t respond.

We went to his app settings and realized that the so-called app called WI-FI had access to his SMS, call logs and storage.

We couldn’t even uninstall the app because it was password protected. Whoever installed the spyware app added a password to it. So we had to format the device to remove that application.

So, how do you protect yourself from such Spyware?

I’ll talk about that in my next post.

Now that you have learnt a few things, please press share. Your contacts need to read this.

Cyber Security Expert, Fraud Analyst, Author. Follow me to get hot tips on Cyber Trends.