SBI Rewards Scam: Government warns customers about FAKE APK download
The Press Information Bureau (PIB) has issued a warning to State Bank of India (SBI) customers regarding an online scam. It has detailed the method used by cybercriminals to defraud SBI customers.
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 "PIB Alerts SBI Customers")
PIB Alerts SBI Customers
The Press Information Bureau (PIB) has warned State Bank of India customers about an online scam. It explained how cybercriminals are trying to defraud SBI customers.
Malicious APK Files
Fraudsters are targeting State Bank of India customers with messages to download a mobile application called 'SBI Rewards'. PIB warned against downloading or clicking on links in messages prompting to download SBI Rewards APK.
SBI Rewards Scam Message
PIB exemplified the fake message sent by criminals: "Dear Valued Customer, Your SBI NetBanking Reward Points (Rs. 9980) will expire today! Install SBI Reward App now & redeem it. It will be deposited in your A/c as cash. Thanks."
APK File Scam Explained
In the APK file scam, malicious mobile applications are distributed through deceptive SMS and emails. Downloading and installing these fake APK files can lead to the theft of personal data, including banking details and contact numbers.
Safe APK Downloads
Users should download APK files only from official and trusted sources like the Google Play Store. Downloading APK files from other sources poses security risks.
Similar Online Scam
In August last year, Punjab National Bank (PNB) warned its customers about a similar scam where cybercriminals distributed APK files via WhatsApp and SMS.
