BE AWARE AND DON’T SHARE!!
Criminals can use fake advertising and websites to lure you into providing your Debit Card information into a tactic known as Smishing.
Typically, the fraudster will send an SMS with a ‘fake link’ for you to update some form of your personal and/or security details including their debit card details.
These messages often tend to have a sense of urgency, advising you will be locked out or will have negative consequences if you don’t act fast!
· Shortly after, you might receive a call from the fraudster confirming payment or some other request.
· While on this call, fraudster is setting up Apple Pay / Google Pay using the Debit Card details provided on previous link.
· An OTP (One Time Passcode) is sent to your mobile number (to complete the set up) while on phone or short time before phone call.
· The OTP is then shared with the fraudster who can now set up Apple Pay or Google Pay on a different device with YOUR debit card.
Once you have either, provided a One Time Passcode (OTP) to complete the payment, or entered your debit card details to authenticate a purchase, the fraudster / fake website now has stolen your debit card details and can spend your hard-earned money.
KEY ADVICE: NEVER EVER share SMS One Time Passcodes with ANYONE no matter how insistent they might be. ALWAYS review the content of the SMS to ensure it relates to your EXACT purchase.
If you believe you have been victim to unauthorised transactions on your Current Account or Debit Card, report it immediately to us or contact Credit Union Card Services on +353(1)6933333.