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Cryptocurrency apps with millions of downloads are exposing your data to hackers

Cryptocurrency apps with millions of downloads are exposing your data to hackers (Trends, Reports, Analysis)

Some of the most popular cryptocurrency apps on Google Play, the official Android marketplace, have severe security issues that could leave digital money open to hackers, research suggests.With the total number of cryptocurrency apps now available exceeding 2,000, cybersecurity firm High-Tech Bridge analysed some of the most popular in an attempt to find privacy risks.Taking the first 30 applications in Google Play's Finance section with up to 100,000 installations, it found 90% contained at least two high-risk vulnerabilities.In addition, 93% of the tested apps contained at least three medium-risk flaws, 87% were open to data interception – or Man in the Middle (MitM) attacks – while not a single one stopped reverse-engineering.Of the first 30 applications with more than 500,000 installations, 94% contained at least three medium-risk issues.

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