SINGAPORE: Users of Android devices have lost at least S$99,800 (US$74,400) of Central Provident Fund (CPF) savings in June this year to malware-related scams. In a news release on Saturday (Jun 17), police noted that at least two reports of such cases have been received this month. 'The po
"Unknown to the victims, the application would contain malware that allowed scammers to access the victims’ device remotely and steal passwords, including passwords stored in the device," said police."The scammer might also call the victim to ask for their Singpass passcode, purportedly to create an account on the application."
Scammers would then be able to remotely access the victims' CPF accounts using the stolen Singpass passcode and request to withdraw the CPF funds via PayNow. Victims would only realise they had been scammed after discovering unauthorised transactions in their bank accounts. "Scammers will trick victims into installing malware-infected applications that are outside the app store. Members of the public are advised not to download any suspicious APK files on their devices as they may contain phishing malware."Add: Anti-virus or anti-malware applications to your device. Update your devices’ operating systems and applications regularly to be protected by the latest security patches. Disable “Install Unknown App” or “Unknown Sources” in your phone settings.
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