HKMA Warns of Fraudulent Online Banking Sites Linked to Shanghai Commercial Bank

The Hong Kong Monetary Authority (HKMA) has issued a warning to the public regarding fraudulent websites and internet banking login screens associated with Shanghai Commercial Bank Limited. This alert, issued on December 9, 2024, comes in response to reports of deceptive online platforms that mimic the bank's official digital presence, according to the HKMA.

Fraudulent Activities Targeting Bank Customers

The fraudulent websites and login screens have been designed to trick users into divulging sensitive personal information, such as login credentials and passwords. The HKMA emphasizes that legitimate banks, including Shanghai Commercial Bank, do not send emails or SMS messages with embedded hyperlinks asking customers to conduct transactions or provide personal information. Customers are reminded to remain vigilant and verify the authenticity of any communication that appears to be from their bank.

Steps for Affected Individuals

Individuals who suspect they have interacted with these fraudulent sites are urged to contact Shanghai Commercial Bank directly, using the contact details provided in the bank's press release. Additionally, they should report the incident to the Hong Kong Police Force's Crime Wing Information Centre at 2860 5012 to assist in any ongoing investigations and to prevent further fraudulent activities.

HKMA's Ongoing Efforts to Combat Fraud

The HKMA continues to monitor the situation closely and collaborates with financial institutions to safeguard consumers against cyber fraud. This incident underscores the importance of cybersecurity awareness and the need for continuous vigilance in protecting personal and financial information online.

For more information on how to protect yourself against similar scams, the HKMA provides resources and guidelines on their official website.