India Orders Google to Remove Firebase Accounts Used in Bank Impersonation Scams
GOOG sits 72% above its 52-week low of $197.46.
Summary
India's cyber crime agency has directed Google to take down at least 57 Firebase-hosted websites and databases used to impersonate major banks and steal financial data. The notices, sent in August, cite a pattern of scammers exploiting Firebase's free tier to distribute Android malware. Google faces liability if it fails to remove the named links within three hours. This is a regulatory and reputational risk for Google's cloud business, which generated nearly $25 billion in revenue last quarter. The action highlights growing scrutiny of Google's platform in India's massive digital payments market.
Updates
· Mint — The notices were reviewed by Reuters and cite scammers impersonating major Indian banks and government programs to lure victims into installing malicious apps. India reported $2.4 billion in alleged cyber fraud losses in 2025.
At the time of this announcement, GOOG was trading at $339.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.2T. The 52-week trading range was $197.46 to $404.47. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.