HKMA Issues Alert on Fraudulent Nanyang Commercial Bank Website

The
Hong
Kong
Monetary
Authority
(HKMA)
has
issued
a
cautionary
notice
to
the
public
concerning
a
fraudulent
website
and
internet
banking
login
screen
associated
with
Nanyang
Commercial
Bank,
Limited.
The
alert
follows
a
press
release
issued
by
the
bank,
highlighting
the
potential
risks
posed
by
these
deceptive
online
platforms.

Fraudulent
Activities

According
to
the
HKMA,
the
fraudulent
website
and
login
screen
were
reported
to
the
authority,
prompting
an
immediate
warning
to
the
public.
The
HKMA
emphasizes
that
legitimate
banks
will
not
send
SMS
or
emails
containing
embedded
hyperlinks
directing
users
to
perform
transactions
on
their
websites.
Furthermore,
banks
will
not
request
sensitive
personal
information
such
as
login
passwords
or
One-Time
Passwords
through
phone
calls,
emails,
or
SMS.

Public
Advisory

The
HKMA
advises
individuals
who
may
have
inadvertently
provided
personal
information
or
conducted
financial
transactions
via
the
fraudulent
website
to
contact
Nanyang
Commercial
Bank
using
the
contact
details
provided
in
their
press
release.
Additionally,
affected
individuals
are
urged
to
report
the
incident
to
the
Hong
Kong
Police
Force’s
Crime
Wing
Information
Centre
by
calling
2860
5012.

Preventive
Measures

This
alert
is
part
of
the
HKMA’s
ongoing
efforts
to
safeguard
consumers
against
phishing
scams
and
other
fraudulent
activities.
The
authority
underscores
the
importance
of
vigilance
and
verifying
the
authenticity
of
communications
purportedly
from
financial
institutions.

For
further
information
and
updates
regarding
fraudulent
bank
websites
and
scams,
individuals
are
encouraged
to
visit
the

HKMA
website.

Image
source:
Shutterstock