Bank scams increasingly targeting mobile users, says cybersecurity firm

As users turn to mobile banking during the pandemic, scammers are changing tactics to target them, warns a cybersecurity firm. — Technology vector created by freepik - www.freepik.com

Bank scams targeting mobile users are on the rise as customers turn to banking on their smartphones during the pandemic, warns a cybersecurity firm.

Kaspersky Asia Pacific managing director Chris Connell said a common phishing scam involved victims receiving an SMS or email with an urgent note telling the recipient to log in and update their bank account details.