How to protect your phone against Xafecopy malware that's stealing money from you

Around 40 per cent of target of the malware has been detected in India

2017  has witnessed numerous ransomware and malware attacks. The new malware Xafecopy Trojan, which steals money from mobile phone users, has been recently detected by a Russia-based internet security firm Kaspersky.  What's alarming is that the penetration rate reveals  40 per cent of the malware's targets has been in India.

The Xafecopy Trojan is categorised as a malware because it gets side loaded along with other useful apps and then loads malicious code onto the device.

Here is how the Xafecopy Trojan works:

The major entry point for any malware or ransomware is the installation of unverified apps from unknown