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Rise in Online Fraud and Scams Prompts Warning from Santander and NatWest

Banker
Given the current proliferation of phishing scams aimed at stealing sensitive personal information, it is likely that the number of individuals falling victim to these schemes will rise

Santander and NatWest have issued fraud warnings to their customers after reports of a new text message scam. The scam involves fraudsters impersonating the banks in text messages and requesting customers to verify transactions.

The scam messages read: “We have detected a possible transaction from a new device. To continue to use our online banking service please verify this transaction at [link provided].” The links in the messages lead customers to fake websites where they are asked to enter their login details and personal information.

Santander and NatWest have urged customers not to click on any suspicious links or provide their personal information. They have also advised customers to report any suspicious messages to the banks’ fraud departments immediately.

This is not the first time Santander and NatWest have been targeted by fraudsters. In the past, scammers have sent emails pretending to be from the banks and requesting customers to update their account information.

Fraudsters are becoming increasingly sophisticated in their tactics and it is important for customers to remain vigilant. It is crucial to remember that banks will never request sensitive information such as passwords or login details via text message or email. Customers should always verify the authenticity of messages by contacting their banks through official channels before taking any action.

In conclusion, it is important for Santander and NatWest customers to remain cautious and vigilant against fraudsters. Customers should always be wary of unsolicited messages requesting personal information and should never provide such information without first verifying the authenticity of the message.

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