Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Riskiq Observes Battery-Saving, Information Stealing, AD-Clicking Mobile Scam Campaign
    Top Stories

    Riskiq Observes Battery-Saving, Information Stealing, AD-Clicking Mobile Scam Campaign

    Published by Gbaf News

    Posted on June 22, 2018

    4 min read

    Last updated: January 21, 2026

    This image illustrates the concept of offshore trusts and their role in international banking strategies, emphasizing asset protection and tax advantages for financial planning.
    Offshore trust benefits for international banking strategies - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    RiskIQ has discovered that Advanced Battery Saver, a mobile app downloadable from Google Play that lengthens a device’s battery life, is maliciously stealing information from users’ phones, including IMEI, phone numbers, phone type/brand/model, location and more.

    According to RiskIQ’s observations, more than 60,000 Android devices have downloaded the app, meaning that thousands of those devices will be under its control.

    Read the full RiskIQ observations here: https://www.riskiq.com/blog/interesting-crawls/battery-saving-mobile-scam-app

    Fabian Libeau, VP of EMEA at RiskIQ, offers the following comment on the malicious mobile app observed and why an urgent clean-up is required:

    “The 60,000 plus users who have downloaded the malicious Advanced Saver Battery app will likely have no idea that its linked to strange behaviour on their device – or that their personal information may have been compromised. While this campaign is unusual in itself, not least because it contains several different elements and may involve two separate threat groups, the biggest concern is that hackers could have control of thousands of Android devices.

    “This is an example of an app that does exactly what it says on the tin – in this case, power saving and an extended battery life – but is hiding a nasty secret in the form of a phishing scam. What’s interesting about this particular phishing campaign is that it directs people to a mobile app instead of a webpage, which is an increasingly common tactic hackers are using as they combine web, social and mobile apps in their scams.

    “This latest observation is simply a mobile clean-up catastrophe waiting to happen. Companies must have the intelligence that enables them to identify phishing threats targeting their digital footprint, while extending that protection to their users. Mobile users should also become more savvy when it comes to mobile apps they are not familiar with – despite this phishing campaign being clumsily written, which should have been a warning not to proceed, more than 60,000 users still went ahead and downloaded the app. It’s a painful clean-up process, but it will be critical now that the EU GDPR is in full force.”

    RiskIQ has discovered that Advanced Battery Saver, a mobile app downloadable from Google Play that lengthens a device’s battery life, is maliciously stealing information from users’ phones, including IMEI, phone numbers, phone type/brand/model, location and more.

    According to RiskIQ’s observations, more than 60,000 Android devices have downloaded the app, meaning that thousands of those devices will be under its control.

    Read the full RiskIQ observations here: https://www.riskiq.com/blog/interesting-crawls/battery-saving-mobile-scam-app

    Fabian Libeau, VP of EMEA at RiskIQ, offers the following comment on the malicious mobile app observed and why an urgent clean-up is required:

    “The 60,000 plus users who have downloaded the malicious Advanced Saver Battery app will likely have no idea that its linked to strange behaviour on their device – or that their personal information may have been compromised. While this campaign is unusual in itself, not least because it contains several different elements and may involve two separate threat groups, the biggest concern is that hackers could have control of thousands of Android devices.

    “This is an example of an app that does exactly what it says on the tin – in this case, power saving and an extended battery life – but is hiding a nasty secret in the form of a phishing scam. What’s interesting about this particular phishing campaign is that it directs people to a mobile app instead of a webpage, which is an increasingly common tactic hackers are using as they combine web, social and mobile apps in their scams.

    “This latest observation is simply a mobile clean-up catastrophe waiting to happen. Companies must have the intelligence that enables them to identify phishing threats targeting their digital footprint, while extending that protection to their users. Mobile users should also become more savvy when it comes to mobile apps they are not familiar with – despite this phishing campaign being clumsily written, which should have been a warning not to proceed, more than 60,000 users still went ahead and downloaded the app. It’s a painful clean-up process, but it will be critical now that the EU GDPR is in full force.”

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostVonage Adds Innovation and Value to Contact Centers with New Programmable Capabilities
    Next Top Stories PostDuff & Phelps Appoints Ted Keen as the European Leader of Its Global Transfer Pricing Practice