'If you don't click on this link and update KYC, bank account will be blocked': New APK fraud scam could cost you lakhs, how to prevent

APK Scam: Punjab and Sind Bank through a public notice has warned about scamsters now trying to rob you by using the 'APK file scam'. According to Kaushik Ray, COO Whizhack Technologies, "APK fraud involves tricking users into downloading and installing an APK file that appears legitimate but is malicious. Once installed, these fraudulent APKs can perform a variety of malicious actions ranging from stealing personal information to locking the device for ransom."