Hong Kong - HKMA alerts public to phishing scams via hyperlinks embedded in SMS or emails

India, March 5 -- The Hong Kong Monetary Authority (HKMA) has recently received reports from banks about their customers having received phishing SMS or emails with embedded hyperlinks purportedly sent by the banks.After clicking the embedded hyperlinks, the customers were lured into entering their internet banking login IDs, passwords and SMS One-Time Password (OTP) provided by the banks. Unauthorised transactions were subsequently conducted over the accounts of the customers and they suffered financial losses.

The HKMA wishes to remind the public that banks will not send SMS or e-mails with embedded hyperlinks which direct them to the banks' websites to carry out transactions. They will not ask customers for sensitive personal informatio...