According to security company Sophos, the purpose of the application of it to drain money from the user via an SMS message. This is a new mode of crime.
Alas, Sophos does not explain how the cyber criminals were making money from text message that was sent. These popular scams usually sends a text message to a premium number that will charge a fee on the account of the user.One way to identify if you download this application by looking at pictures of people far right in the photo below:
According to Sophos as quoted from Mashable.com, several versions of this photo appears in the file.APK application is false. Some people identify this photo as a meme from Russia.
This comes after the Malware reaches 5 million download Instagram less than a week since the release on April 5.