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Internet Banking Users Targeted by New SMS Scam: Billions in Losses Recorded

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BNN Correspondents
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Internet Banking Users Targeted by New SMS Scam: Billions in Losses Recorded

Internet fraudsters have embarked on a new con targeting individuals across age groups with SMS messages that deceive users into updating their internet banking details. The scam works by sending a message asking recipients to click on a link, seemingly from their respective bank, leading to a fraudulent website. Here, victims are tricked into entering their banking information, leading to potential financial losses.

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SMS Scam Hits Chrasti Mayor's Acquaintance

In a recent incident, Vojtěch Krnansk, the mayor of Chrasti in the Chrudim region, released a video about the scam after an acquaintance fell victim to it and had her account cleaned out. This incident underscores the susceptibility of individuals to such scams, regardless of their societal standing or awareness levels.

Czech Banking Association Warns of Rising Cybercrime

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In light of these incidents, the Czech Banking Association issued a warning about the surge in cybercrime. The Association estimated that damages from such activities reached a billion Czech crowns last year, with the same amount already recorded in the first half of the current year. The Association urged the public to exercise caution and verify website addresses before entering personal information.

New Scams Emerge Amid Rising Cybercrime

The Association also highlighted the emergence of new types of scams, such as fraudulent messages offering a 5,000 Czech crown subsidy per child. These messages, pretending to be from the Ministry of Labor and Social Affairs, aim to extract banking details from victims. This tactic further emphasizes the need for increased vigilance when dealing with requests for personal or financial information.

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