Four teenagers were among 11 people arrested for their alleged involvement in a spate of banking-related malware scams, the police said on Saturday.
The teenagers, three male and one female, are aged between 16 and 19. The other seven suspects, six men and one woman, are aged between 20 and 57.
Since January, the police has received an increasing number of reports of unauthorised bank transactions made after victim’s mobile devices were compromised by malware. This was even when the victims did not share their Internet banking credentials, One-Time Passwords or OTPs, or Singpass credentials to anyone.
The victims responded to advertisements on social media platforms like Facebook, and were duped into downloading an Android Package Kit from unofficial app stores, which led to malware being installed on their mobile devices. The scammers could also delete SMSes and email notifications related to these bank transfers to cover their tracks.
The police has advised the public against downloading apps from third-party websites or unknown sources, scan unknown QR codes, or clicking on suspicious links, as these could contain malware. They also advise the public to download apps only from official app stores and to be wary of requests for Singpass and banking credentials or money transfers.
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