Hong Kong Securities and Futures Commission warns: phishing SMS scams are on the rise. Issued preventive guidelines to protect customer account security.
The Hong Kong Securities and Futures Commission officially announced that it has noticed a rising trend in phishing scams involving impersonated licensed corporations sending fraudulent text messages. Scammers deceive clients into clicking on hyperlinks contained in mobile text messages, redirecting them to websites that resemble those of licensed corporations, capturing clients’ usernames, login passwords, and verification information, thereby accessing clients’ accounts at licensed corporations to conduct unauthorized transactions. Therefore, guidance has been issued to licensed corporations to prevent unauthorized transactions in clients’ accounts.
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Hong Kong Securities and Futures Commission warns: phishing SMS scams are on the rise. Issued preventive guidelines to protect customer account security.
The Hong Kong Securities and Futures Commission officially announced that it has noticed a rising trend in phishing scams involving impersonated licensed corporations sending fraudulent text messages. Scammers deceive clients into clicking on hyperlinks contained in mobile text messages, redirecting them to websites that resemble those of licensed corporations, capturing clients’ usernames, login passwords, and verification information, thereby accessing clients’ accounts at licensed corporations to conduct unauthorized transactions. Therefore, guidance has been issued to licensed corporations to prevent unauthorized transactions in clients’ accounts.