Cape Town - New research data shows that every fifth phishing attack registered between May last year and late
April this year targeted users of banks and other financial
organisations.
In response to this, a Fin24 user writes:
I received SMSs of small amounts going off my credit card to Paypal and Amazon.com.
Luckily I saw the SMS messages arrive on my phone; I contacted the Standard Bank fraud unit and immdiately stopped my credit card.
They mentioned that attempts had been made earlier for larger amounts and they were rejected.
My girlfriend received a substantial payout from her pension fund and within a couple of days she could not use her bank card.
She went to Standard Bank and they told her that she is not the account holder; the account is in Johannesburg and a replacement card had been ordered and would be collected in Jhb.
Luckily her internet banking was still working, and she managed to transfer her money out of her account to another account to secure her funds.
This is crazy.
The banks need to be held responsible - these are all internal fraud cases. This is not master hackers. This is internal bank staff doing these fraudulent switches.
There is a data trail to passwords and who did what. The banks don’t want to accept responsibility and own up that they are guilty.
This is shocking. We need to physically go to the bank to do any changes to our bank account and sign documents and provide Fica and Rica etc, IDs and driver's licence and what more to have anything done.
Banks need to make an example of managers and staff in these banking instances.
- Fin24
Something on your mind? Tell us about it and you could get puslished.
Disclaimer: All articles and letters published on MyFin24 have been independently written by members of the Fin24 community. The views of users published on Fin24 are therefore their own and do not necessarily represent those of Fin24.
Fin24 reserves the right to obtain service providers' comments before publishing any articles or letters, and to edit any material used. Fin24 also reserves the right to edit or delete any and all user comments received.
In response to this, a Fin24 user writes:
I received SMSs of small amounts going off my credit card to Paypal and Amazon.com.
Luckily I saw the SMS messages arrive on my phone; I contacted the Standard Bank fraud unit and immdiately stopped my credit card.
They mentioned that attempts had been made earlier for larger amounts and they were rejected.
My girlfriend received a substantial payout from her pension fund and within a couple of days she could not use her bank card.
She went to Standard Bank and they told her that she is not the account holder; the account is in Johannesburg and a replacement card had been ordered and would be collected in Jhb.
Luckily her internet banking was still working, and she managed to transfer her money out of her account to another account to secure her funds.
This is crazy.
The banks need to be held responsible - these are all internal fraud cases. This is not master hackers. This is internal bank staff doing these fraudulent switches.
There is a data trail to passwords and who did what. The banks don’t want to accept responsibility and own up that they are guilty.
This is shocking. We need to physically go to the bank to do any changes to our bank account and sign documents and provide Fica and Rica etc, IDs and driver's licence and what more to have anything done.
Banks need to make an example of managers and staff in these banking instances.
- Fin24
Something on your mind? Tell us about it and you could get puslished.
Disclaimer: All articles and letters published on MyFin24 have been independently written by members of the Fin24 community. The views of users published on Fin24 are therefore their own and do not necessarily represent those of Fin24.
Fin24 reserves the right to obtain service providers' comments before publishing any articles or letters, and to edit any material used. Fin24 also reserves the right to edit or delete any and all user comments received.