HSBC Security Measures Labeled Inadequate
Criminals used a sophisticated bank impersonation scam to target HSBC customers. The attackers imitated bank employees via text messages and phone calls to facilitate the theft. Security measures in place at HSBC were described as woefully inadequate to prevent the fraud.
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Sources · 7 independent
ABC NewsRadio AU
“the security measures that HSBC had in place were woefully inadequate. So as I understand it, this was a sophisticated bank impersonation scam.”
Tokyo FM
“HSBC security measures labeled inadequate following bank impersonation scam.”
Tokyo FM
“HSBC security measures labeled inadequate following bank impersonation scam. The bank is reportedly reviewing its protocols.”
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