Fashion
Bank customers in Singapore have been warned of a rise in malware infections on Android phones that seek to hijack online passwords and one-time security codes.
Smartphones that have been jailbroken or rooted are particularly susceptible to infection, says the ABS.
Ong-Ang Ai Boon, director of ABS, says that major retail banks in Singapore have seen an increase of mobile banking customers from 1.5 million in 2013 to 2.4 million in 2015.
“ABS would like to remind mobile banking customers that smartphones are as susceptible to malware as desktop computers or laptops,” she says. “Consumers are reminded to download applications only from trusted sources.”