A New Kind of Bank Fraud
Recently, a major bank has issued a crucial warning to alert its customers about a new type of online scam that is circulating. This warning is essential to protect users from potential fraud that may affect their personal finances.
Online scams are on the rise, and criminals are using increasingly professional techniques to trick victims. This new type of scam is particularly dangerous and it is important to know all the information to avoid becoming a victim.
The Bank that Warns Customers
The banking entity Mediolanum has issued a warning to its customers about this scam. Using the instant messaging application WhatsApp, the bank has alerted its customers about phishing cases through urgent calls. Falling into this trap can result in the total loss of those affected’s money.
How the Scam Works
In this scam, scammers impersonate the bank and tell customers about unauthorized charges to their account. Also, they send fake SMS with these supposed charges to create trust. In some cases, they even provide users’ personal data to gain their trust.
Afterwards, they ask for the secret codes to block the charges. If the victim provides them, the fraudsters can empty the account with an immediate transfer, making it impossible to recover the funds.
Security measures
Mediolanum has reminded its customers to remain alert and not give in to the urgency. They have warned never to provide the codes to anyone under any circumstances, as the theft techniques are becoming more and more refined.
Experts have provided several recommendations to protect yourself from this scam, such as not sharing personal information, verifying suspicious communications, keeping device software up-to-date, and setting up bank account alerts to receive notifications of unusual activity.