Hackers using fake trading apps to lure victims in ‘pig butchering’ scam

Digital landscape is continuously evolving, and the companies and consumers are adapting to the changing realities. Scamsters too are keeping the pace, and at times are a step ahead, always keeping law enforcers on their toes. In some parts of the world, they are now busy tackling a fresh scam called ‘pig butchering’, which uses a series of fraudulent trading apps available for download on both the Google Play Store and Apple’s App Store, reported The Times of India, citing cybersecurity firm Group-IB.