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Home»ADOPTION NEWS»HKMA warns of fraudulent banking website linked to Nanyang Commercial Bank
ADOPTION NEWS

HKMA warns of fraudulent banking website linked to Nanyang Commercial Bank

By Crypto FlexsDecember 14, 20242 Mins Read
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HKMA warns of fraudulent banking website linked to Nanyang Commercial Bank
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Timothy Morano
December 11, 2024 10:47

The Hong Kong Monetary Authority is warning the public about fraudulent websites impersonating Nanyang Commercial Bank and urging them to be cautious when sharing personal information online.





Fraudulent website targeting Nanyang Commercial Bank customers

The Hong Kong Monetary Authority (HKMA) has issued a warning about fraudulent websites and internet banking login screens impersonating Nanyang Commercial Bank, Limited. According to the Hong Kong Monetary Authority, the warning was issued as part of ongoing efforts to protect consumers from cyber fraud.

Public consultation on online security

The HKMA emphasizes that legitimate banks will not send SMS or emails containing hyperlinks directing users to perform transactions on their website. Additionally, we do not request sensitive personal information such as login password or one-time password (OTP) via phone, email, SMS, etc.

Action for Affected Individuals

Individuals who suspect that they have provided personal information or made a transaction through a fraudulent website are encouraged to contact Nanyang Commercial Bank using the contact details provided in the official press release. Additionally, they must report the incident to the Hong Kong Police Crime Branch Information Centre.

Broad context of cybersecurity threats

This warning is part of a broader trend of increasing cyber threats targeting financial institutions and their customers. As digital banking becomes more prevalent, the importance of cybersecurity awareness and vigilance cannot be overemphasized. The HKMA continues to work closely with banking institutions to put in place strong security measures to protect consumers.

The HKMA’s proactive approach to warning the public about these scams highlights the need for continued vigilance in the digital age. Consumers are urged to verify the authenticity of banking communications and to be cautious of unsolicited requests for personal information.

Image source: Shutterstock


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