A recent exclusive by The Star shows that scammers have been gaining access to victims' bank accounts through a combination of social engineering and malware.
APKs are files used by the Android operating systems and other Android-based operating systems for the distribution and installation of mobile apps and games. "The scammer’s site looked exactly like the website of the bank that I used. The APK and app that I installed had malware that enabled them to access my TAC messages.
"The application will then take over the buyer’s existing SMS system, and the buyer has to register and fill in personal and banking details before they can use the application. From reports so far, the scammers are targeting Android-based phones as iOS devices do not use APKs and iPhone users can only install apps from the Apple Store.
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