BankBazaar Singapore – 17 January, 2018
SINGAPORE: Singapore police department took to social media to alert United Overseas Bank (UOB) credit card users against an online phishing scam. The warning followed complaints from some UOB customers that they were tricked into sharing their card details on a UOB-like website after responding to fake SMSes.
According to reports, scammers used the card details and personal information to make unauthorised transactions in different foreign currencies.
Victims reported that they received an SMS about a notification related to their account, with an instruction to click on a link. Upon clicking on the link, victims were redirected to a fake UOB website where they were asked to enter their card details as well as some personal information.
The scammers, meanwhile, downloaded the UOB Mighty App and used the details to make transactions. The scammers, then, urged the victims to enter the One Time Password (OTP) on the website and managed to complete the transactions.
It’s when the affected card users received notifications about foreign currency transactions made on their card that they realised the scam.
In its warning, the police advised card users to be careful while sharing card details with anyone. The police officials also suggested tips to ensure credit card safety, including website security standards.