Hackers have also been using malware to take out bank loans using victims' accounts to get access to more cash. - PHOTO: LIANHE ZAOBAO via The Straits Times/ANN
SINGAPORE: Malware scammers not only empty victims’ bank accounts, they are also able to take up credit card and personal loans through a victim’s compromised banking app.
In malware scams, victims are typically tricked into downloading an app from non-official app stores that will allow the hacker to spy on their activities and take control of the device.
