Android is a system used by some smartphones (similar to iPhone or Windows Mobile, but made by Google). Like other smartphones you can install apps on Android.
One Android app that showed up recently is a free banking app. It looks like it supports US banks. But instead of logging into your bank it sends your online banking details to a scammer. Then it won’t be long until someone steals money from your bank account.
Google has been notified of this malicious app and they have removed it. But for some people it may be too late.
There’s a lesson to be learnt here. Smartphones are cool, installing apps on them is cool. But we shouldn’t let our guard down and trust everything to them. Know what you’re installing, know who wrote the software, and how it stores and sends your login details.
As more people buy smartphone scams are only going to become more common.