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Banks (Finance)

Hong Kong Warns Public of Fraudulent Websites and Mobile Apps

Strategic Insights

— 1 min read

The Hong Kong Monetary Authority (HKMA) has issued a warning to the public about fraudulent websites and mobile applications that have been reported to the authority. Bank of Singapore Limited has issued a press release alerting members of the public to these scams, which have been designed to trick people into providing sensitive personal information or conducting financial transactions. The HKMA reminds the public that banks will never ask customers to provide login passwords or one-time passwords via phone, email, or SMS, even through embedded hyperlinks.

Key Takeaways:

  • The Hong Kong Monetary Authority (HKMA) has issued a warning to the public about fraudulent websites and mobile applications that have been designed to trick people into providing sensitive personal information or conducting financial transactions.
  • Bank of Singapore Limited has issued a press release alerting members of the public to these scams, which have been reported to the HKMA.
  • The HKMA reminds the public that banks will never ask customers to provide login passwords or one-time passwords via phone, email, or SMS, even through embedded hyperlinks.
  • Anyone who has provided their personal information or conducted financial transactions through or in response to the app concerned should contact the bank using the contact information provided in the press release and report the matter to the Police.
  • The Police can be contacted through the Cyber Security and Technology Crime Bureau at 2860 5012.
  • The HKMA has advised the public to be vigilant and not provide any sensitive information or conduct transactions through suspicious websites or mobile applications.

Statistics:

  • There is no specific statistic mentioned in the press release regarding the number of people affected by these scams.
  • The press release does not provide any information on the total value of transactions or financial losses resulting from these scams.
  • The HKMA has not issued any specific warning numbers or incident reports related to these scams.

Sources:

  • Hong Kong Monetary Authority/Hong Kong Government Press Release (No date provided in the original text but dated Tuesday, April 26, 2022 in the instructions)

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