Weekend Argus (Saturday Edition)
Fraud Warning
FNB warns consumers about the dangers of downloading remote-access apps on their mobile devices, as this exposes them to risk of fraud. According to FNB, remote-access scams are on the rise as consumers are tricked into compromising the security of their information and financial credentials. Giuseppe Virgillito, FNB head of digital banking, says the modus operandi targets unsuspecting users, particularly seniors, by coercing them to automatically download remote software onto their devices under the pretence that it is a “security app” they are installing for their protection. Sadly, some consumers fall for these tricks and end up compromising credentials, he says.