Text Message Scammers Quietly Prey on Regional Banks
You get a text message from your bank telling you there's been suspicious activity on your account. You call the number on your phone to see what's going on, and before you know it, you're a victim.
By Robert McMillan
The criminals have been going through the country credit union by credit union, bank by bank, Peterson said.
"It's working pretty well for them," he added. "It's a pretty innovative technique."
Sometimes it works exceptionally well, in fact. When Medford's Bank of the Cascades was hit with the attack in May this year, the scammers got more than they bargained for, according to Detective Sergeant Kevin Walruff with the Medford Police Department. "I've spoken with people that gave their personal information and aren't even customers with Cascades bank," he said. "They actually called that number and provided information."
Cisco Systems
Articles
Receive the latest security news as it breaks.
