05-02-2023 14:22 via securityweek.com

Fraudulent “CryptoRom” Apps Slip Through Apple and Google App Store Review Process

Pig Butchering, also known as Sha Zhu Pan and CryptoRom, is an ugly name for an ugly scam. It is not new. What is new is that apps perpetrating the scam can be downloaded from the official Apple and Android app stores – giving them greater apparent validity to targets.The scam is a version of romance scam, where targets are befriended, lured in, persuaded to download a disguised malicious app, drawn into false cryptocurrency dealing, and defrauded. It’s a long game social engineering
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