Cyber criminals have created a fake Instagram app to earn money by taking advantage of all the hype surrounding Facebook’s acquisition of Instagram.
According to sophos security researcher, the fake app looks like the legitimate one,but in the background it secretly sends SMS to a premium rate numbers. This earns money for its creator.
Malware writer include a picture of a man inside the .APK file. Researcher believe the picture has been included multiple times for changing the fingerprint of the .APK.
"We have no idea who the man is or whether there is a reason why his picture has been chosen to include in the download."Researcher said.
"Could he be the malware author? A family friend? A celebrity? Someone who the malware author has a bone to pick with? "