HKMA Warns Public of Fraudulent Social Media Page Impersonating Bank of Singapore Limited
The Hong Kong Monetary Authority (HKMA) recently issued a warning to the public about a fraudulent social media page pretending to be Bank of Singapore Limited. This alert was raised after the bank reported the fraudulent activity to the HKMA.
Understanding the Scam
The fraudulent social media page was created with the intention of deceiving individuals into thinking it is an official communication channel of Bank of Singapore Limited. The HKMA stresses the importance of public awareness in identifying and avoiding such scams. It is advised not to click on any links in messages claiming to be from banks, as they could lead to fraudulent transactions or the collection of sensitive personal information.
Bank of Singapore’s Response
Bank of Singapore Limited has released a statement addressing the fraudulent activity and offering guidance on how customers can protect themselves. The HKMA has made this statement accessible on its website. The bank has highlighted that it does not send SMS or emails with links directing users to its website for transactions. Additionally, the bank does not request sensitive information like login credentials or One-Time Passwords (OTPs) through phone calls, emails, or SMS.
Steps for Those Affected
If anyone has interacted with the fraudulent social media page or shared personal information, they are advised to contact Bank of Singapore immediately using the contact details provided in their official press release. Affected individuals are also encouraged to report the incident to the Hong Kong Police Force’s Crime Wing Information Centre at 2860 5012.
The HKMA is actively monitoring and addressing cybersecurity threats, urging the public to stay vigilant and report any suspicious activities promptly.
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