Researchers have discovered more than 280 malicious apps for Android that use optical character recognition to steal cryptocurrency wallet credentials from infected devices.

C ybersecurity researchers from McAfee have uncovered hundreds of malicious Android apps designed to steal access to people’s cryptocurrency wallets.

Android Based Meter Reading Using OCR Meter reading and billing are complex tasks of electricity, water and gas supplier companies.

It targets and steals crypto wallet security codes using OCR to scan images for mnemonic passphrases. A sophisticated new strain of Android malware has emerged from Korea.