Bank of Ireland is warning its customers about a new scam tactic that is duping people into handing over their bank details.
Fraudsters are doubling down on their efforts to access customers’ accounts by first contacting them by text and then following up with phone calls to convince them to hand over their details. Over the past two weeks, Bank of Ireland’s Fraud Prevention Team has detected a 40 per cent increase in the number of scams of this nature, when compared to the previous month.
Once the fraudsters gain access to the account details, funds are then being transferred by them into money-mule accounts or spent immediately on expensive items including electrical goods. Here are three things Bank of Ireland is advising customers to look out for:
