Beware of ‘bank text scams,’ DOJ warns

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The Department of Justice’s Office of Cybercrime (DOJ-OOC) warned the public on Friday, February 19, against scams involving text messages that are reportedly sent by banks and other financial institutions.

The Department of Justice’s Office of Cybercrime warned the public on Friday, February 19, against scams involving text messages that are purportedly sent by banks and other financial institutions.The DOJ-OOC told the public in its social media advisory to look for “common red flags” that would show that the text messages they received could be scams.

“If one of the foregoing is present, it is safe to assume that the text message received is a scam,” it stressed. The DOJ-OCC issued the advisory after its attention was called on the modus being employed by scammers “through text messages to bait prospective victims into clicking a certain link that would direct the user to a phishing website.”

“The text message further encourages the victim to go to a certain website by clicking the link embedded therein if he/she is not the one who allegedly requested for the OTP,” it said.

 

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