What are the dangers of using modded apps?

What does a modded up give up in terms of privacy and security?

Here’s what I know:

  • Modded apps can be loaded with malware and trackers which will affect privacy and security.
  • Loggers are very commonly injected in modded apps which will record your key strokes and steal sensitive data.
  • Modded apps might be outdated and might still include major security vulnerabilities.
  • Using a modded app might impose risks of account and/or IP bans.
  • Modded apps might connect to malicious “look-alike” web servers prone to fishing attacks.
  • There is no guarantee that the downloaded modded app is actually what it promises to be.
  • You are trusting another party -app modder- with the security of your service and app.

Feel free to add anything else. I will include your response in the post.