Security News > 2020 > November > “Instant bank fraud” hoax is back – don’t spread fake news!

Typing in your login data on the fake site exposes your credentials to the crooks because your password is sent to them instead of to your real mobile phone provider.

As you can see from the list above, it's theoretically possible that getting your mobile phone account password hacked might give the crooks a way in to your bank account too, especially if you used the same password on your banking site as elsewhere.

If you just looked at the page and didn't put in your password, then you got out in time, and there is little reason to think that you could be the victim of "Instant bank fraud" as a result.

Thousands flying out of peoples accounts! Spread the word to your family and friends!

This time, there are some tiny alterations to the original hoax, such as adding more mobile phone providers' names, but otherwise the new version of this hoax is almost identical to the one that we wrote about in March 2020, carrying the same fake news with the same fake "Details" added.

News URL

https://nakedsecurity.sophos.com/2020/11/11/instant-bank-fraud-hoax-is-back-dont-spread-fake-news/