The malicious app's name is AliPay-Security Controls
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Ali-Pay Security Controls will steal its target's SMS messages.
Feb 11, 2016 10:32 GMT · By Catalin Cimpanu Users looking to protect their online payments via special security apps may be in for a surprise, finding themselves infected with an SMS-stealing trojan instead, mobile security vendor Zscaler reports.
Most of these infections are occurring in China, via Android applications hosted on third-party stores. The app in question is named AliPay-Security Controls, which is advertised as a security tool to safeguard payments made through AliPay.
AliPay is a third-party online payments platform, activating in 14 countries, supporting 65 financial institutions, and serving over 300 big brands. The company is Chinese, and as with anything Chinese, the platform is a clone of something, and in AliPay's case, a clone of PayPal.
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