RISING ANDROID MALWARE SCAMS
The police noted that cases of malware being used to compromise Android mobile devices have been on the rise since January.
Unauthorised transactions were then made from the victims’ bank accounts even though they did not reveal their internet banking credentials, one-time passwords or Singpass credentials to anyone.
In such cases, the victims responded to advertisements – such as cleaning services and food items – on social media platforms like Facebook and were instructed by scammers to download Android Package Kit from non-official app stores to facilitate the purchases, leading to malware being installed on the victims’ mobile devices.
Scammers then convince the victims via phone calls or text messages to turn on accessibility services on their Android phones, which weakens the phones’ security and allows scammers to take full control of them.
“As a result, the scammers could log every keystroke, steal banking credentials stored on the phones, remotely log access victims’ banking apps, add money mules as payees, raise payment limits and transfer money to money mules,” said the police.
The scammers can also further delete SMS and email notifications of the bank transfers to cover their tracks.
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