THE country’s biggest banks have alerted their clients against various online scams that take advantage of the surge in digital transactions during this Coronavirus disease 2019 (Covid-19) pandemic. BDO added that its clients should not accept offers to make money from using their account to receive or send money. It also informed its clients against scammers who use SIM cards to deceive and steal their victims’ money. “In both modus operandi, scammers take over their victims’ mobile number to control their victims’ online bank accounts,” it added. “Phishing is a cyber-attack disguised as an email or text that deceives users into giving fraudsters critical information such as bank account numbers or passwords,” it said.

Source: Manila Times July 17, 2020 12:32 UTC