What is a Phishing/Vishing/ Smishing Scam

 

A modus operandi where the fraudster will steal the victim’s private credentials through phone, SMS or email. There are 3 common tactics used.

What is a Phishing Scam

 

Email phishing uses the same method as SMS where the fraudsters send links to the victims while impersonating legitimate entities. However, these links are sent via emails and will be sent out to as many email addresses as possible.

 

By clicking on the link given through the email, you are led to a malicious website to fill in your private information, and/or your phone/computer will be exposed to malware and viruses that the fraudster can use to gain your personal banking credential.

 

How to spot a Phishing Scam

Emails that encourage you to click on the website links contain poor English and grammatical errors.

Emails that include instructions to reply, or verify your account – like completing a form attached.

Emails that rush you to take urgent actions with threats to close down your account.

Emails that ask you to provide your personal banking credential.

 

How you can prevent a Phishing Scam

Do not click

 

Do not click on links or open any attachments received from unknown parties.

Study the email

 

Always read the email to identify grammatical or spelling errors and if suspicious, call your bank to verify if the email originates from them.

 

Scenario of a Phishing Scam

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You received an email that looked like from your bank claiming your account had been frozen and required you to key in your details by clicking on the link provided in the email.


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Contact Us

 

Contact Us immediately if you believe your banking information is compromised or there has been an unauthorised transaction on your account.

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