OCBC customers affected by the recent SMS phishing scam

According to the police, nearly 470 people had fallen victim to the SMS phishing scams involving OCBC in December, with total losses amounting to at least S$8.5 million.

PayPal users targeted in new SMS phishing campaign

A new SMS-based phishing campaign is doing the rounds that attempts to part PayPal users from their account credentials and sensitive information, BleepingComputer reports.

Bank fraud: couple lose £43,000 but can’t get a refund

Two retirees were conned out of their savings, but the banks say they were negligent.

Quickly-growing phone scam targets bank customers via text message

Scammers targeted bank customers through SMS about “suspicious withdrawals”.

German banks are moving away from SMS one-time passcodes

Multiple German banks are dropping to support SMS OTP as a login authentication and transaction verification method.