These fake messages claimed that there were issues with the customer’s bank accounts or credit cards and instructed them to click a link, which led them to fake websites or requests for banking details. The scammers impersonated the bank, setting their sender IDs to be identical to that of the bank and thus causing it to appear in the same thread on the customers’ mobile device. In these most recent cases, fake SMSes appeared in the same thread as legitimate text messages previously sent by the bank for OTPs and transaction alerts. More recently, in December 2021, nearly 470 customers of a major Singapore financial institution lost at least SGD 8.5 million to SMS-phishing scams. In late 2020, malicious actors diverted and used SMS one-time passwords (OTPs) to perform fraudulent credit card transactions worth SGD 500,000 and affecting 75 bank customers. There has recently been a spate of SMS-phishing scams, targeting, in particular, customers of banks.
Spam is unsolicited junk email normally with some kind of sales or advertising content.Singapore authorities are looking to address the recent spate of SMS-phishing scams targeting digital bank users through a variety of measures.
#CURRENT PHISHING SCAMS 2016 SOFTWARE#
Malware or spyware is an umbrella term for malicious software or programs that access your data discreetly by infecting your technology. ► What is malware or spyware? ► What is malware or spyware? Click HERE for the latest in phishing attempts Beware of the phishing email elements like attachments or links to unfamiliar log-in pagesĭon't fall prey to fishing attacks. Odd tone, bad grammarand spelling or unfamiliar email signatures or sender addresses are tell-tale signs of phishing emailsģ. Phishing attempts tend to immediately try to bring out an emotional reaction in you like greed, curiosity and fear and will often sound urgentĢ. Most phishing messages usually share some common traits.
#CURRENT PHISHING SCAMS 2016 HOW TO#
The best way to protect yourself is to learn how to recognize them.
Read the latest U of M Today article on protecting yourself against Phishing Attacks How to Protect Yourself Against Phishing Attacks: Phishing messages are designed to confuse you and make it look like they are coming from trusted business, banks, government agencies or even from within the University of Manitoba.įalling victim to a phishing message could leave you vulnerable to identity theft and severe financial losses.
Phishing is a form of theft where someone attempts to steal your sensitive personal information by masquerading as a trustworthy party in an electronic communication (usually by email).