Beware This New Bank-PIN Scam That May Be Coming to a Phone Near You
There's a deceptive new bank scam making the rounds on people's phones. Here's what you should know about it.
Earlier this week, Twitter user Pieter Gunst shared what he called "the most credible phishing step I've experienced to date." Here's how the scam goes:
- Someone calls up, says they're from your bank, and asks if you've used your debit card in a far-away city.
- When you say no, they say they've "blocked" the transaction and ask for your member number--which is a customer number, not an account number.
- They then say they're sending a "verification PIN," which comes from a number that you'll probably associate with your bank.
You're then asked about a few more legitimate charges and asked for your pin number. This is when Gunst knew he was being scammed, hung up and called his bank. Only then did he realize that the scammer had reset his password with the verification number they sent to his phone. "Everything before the 'what is your pin' seemed totally legitimate," wrote Gunst. "English was perfect. The bank verification code, sent by the expected number, tricked me. The asking for my PIN over the phone? Not so much." Beware!