Scammers and cyber criminals are impersonating Santander support team in order to gather personal information from the users. The crooks have a very convincing narrative and the kind of tactics they have employed are also not easy to detect.
They have spoofed the bank’s number and have managed to fool thousands of people. Many have already lost a significant chunk of their savings account and even the bank is aware of the situation. At the time of making this post, the spoofing appears to be addressed, but do not let your guard down.
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As an end client, we need to do our part in order to safeguard our interest. In the following section, we have exposed the way this scam works, steps you need to take to stay safe and the ways of reporting the incident.
In case you have already suffered damage, then book an appointment with our team by filling out the contact form below. Remember, all of our services are free and the quicker you take action, the easiest the entire process is going to be.
Santander Scam Texts: Goals
People behind Santander Scam Texts were after OTP(one-time passcode). In order to extract that information the scammers used different narratives ranging from suspicious activity warning to fake account termination notices.
Any customer that follows the malicious links attached in the text and puts in the information will lose their money. Generally, it is easy to detect this type of smishing attempt, but this time as the number spoofing was done, the entire thing was hard to spot. Looking at the way the crooks planned everything out, it is clear that the banks need to do more to protect their clients.
On the flip side, the customers also have to stay updated and it is their duty to never entertain aggressive narratives. If you detect any anomaly, then talk with the official support team and ask for the remedies. Playing safe and slow is the best way to deal with this type of trap.
Just because you receive a message from a known number, it does not necessarily mean that it is authentic. Number spoofing can be utilized by the crooks to impersonate well known entities and brands. As this problem is huge and cannot be eradicated, people have to look for signs of a breach and be alert.
For example, if you are asked to share confidential information or if you detect something shady, then you need to reevaluate the situation. Remember, in today’s technological marvel, things can be twisted and there won’t be fool proof systems in place all the time.
How to Stay Safe
As we mentioned before, do not reply to any text or calls that ask for your personal information. Do not click links attached sent from unknown parties and more importantly, pay attention to small things such as tone of the message, spelling mistakes, etc,. If we were to highlight the top 3 things to look out for, then it would be as follows.
- When it comes to account information, such as PINs or OTP codes, your bank will never get in touch with you.
- Any message, phone call, or email that requests this kind of private information should be ignored and reported.
- You should call your bank as soon as you suspect you’ve been a victim of a smishing scam using the phone number on the back of your debit card.
Santander Scam Texts Bottom Line
Santander Scam Texts appear to have caused a lot of misery. As they did employ a few tricks that are somewhat advanced compared to other phishing scams, the number of people that fell for the hustle are more.
If you are a victim then contact your bank immediately and notify them. Also, do not forget to get started with the recovery process by filling out the form below.
Have you received Santander Scam Texts? If yes, then be cautious and do not forget to report the incident to all relevant authorities.