How the Scam Works:
You receive a text message that appears to be an alert from a bank. You may or may not have an account there. The text tells you to verify your account by either following a link or calling a phone number.
The details of the scam vary. Banks of all sizes, from local businesses to multi-national institutions, have been targeted by scammers. And scam texts use a variety of messages and techniques.
However, the desired outcome is the same. If you call a number or go to a website, scammers will use the opportunity to obtain your banking information. For example, the phone number or website may prompt you enter your ATM card number and PIN under the guise of “reactivating your ATM card.” Other times, the link may download malicious software that gives scammers access to anything on the phone.
What Can I Do About Scam Text Messages?
For More Information
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