Are banking apps risky? Tips on how to identify fake apps on the Google Play Store

Talking of Android apps, there have been a number of fake apps that prevail on the Play store and some of these apps are a complete rip-off of the original ones. Well, now there happens to be a set of fake banking apps that are there on the Google Play Store, which steal data of users by making them fill their confidential card details and login passwords.

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Reports suggest that there happen to be fake apps of ICICI Bank, RBL Bank as well as HDFC Bank, which have been used to collect sensitive personal data from users that include credit card numbers, CVV, the expiry date of the card as well as login credentials.

Tips on how to spot fake apps-

Before you go on to install the app, make sure you do your bit of research about the developers that can be done by looking for the developer's name that is always there in the app. To see if the developer is genuine, there will be a website by him or some verifiable details that can be found on the internet.
Whenever you plan on downloading a popular app, duly note the number of downloads, this would help you verify if the app is genuine or not. In case you observe a few downloads, there are chances that the app could be fake.
Make sure you read the reviews carefully, there are chances you could spot a legitimate review from a user who must have happened to download the app and realized that it was fake.
If you have happened to spot a fake, simply report it by scrolling down and tapping on 'Flag as Inappropriate'. As soon as you click on it choose the reason why you have reported the app and click on submit.
Also, try reading the app description. This will help you identify the right from the wrong.

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