HKMA Issues Alert on Unauthorised Websites and Apps Linked to Livi Bank

The
Hong
Kong
Monetary
Authority
(HKMA)
has
issued
a
warning
to
the
public
regarding
unauthorised
websites
and
mobile
applications
linked
to
Livi
Bank
Limited.
This
announcement
follows
a
press
release
by
Livi
Bank,
which
has
reported
these
fraudulent
activities
to
the
HKMA.

Details
of
the
Alert

According
to
the
HKMA,
these
unauthorised
platforms
have
been
designed
to
mislead
users
into
providing
sensitive
personal
information.
The
authority
emphasized
that
legitimate
banks
will
not
send
SMS
or
emails
containing
embedded
hyperlinks
directing
customers
to
their
websites
for
transactions.
Additionally,
banks
will
not
request
login
passwords,
One-Time
Passwords
(OTPs),
or
other
sensitive
information
via
phone,
email,
or
SMS.

Public
Advisory

The
HKMA
advises
anyone
who
has
interacted
with
these
fraudulent
websites
or
apps
to
contact
Livi
Bank
immediately
using
the
contact
information
provided
in
the
official
press
release.
Furthermore,
affected
individuals
should
report
the
incident
to
the
Crime
Wing
Information
Centre
of
the
Hong
Kong
Police
Force
at
2860
5012.

Related
Incidents

This
alert
from
the
HKMA
is
part
of
a
growing
concern
over
cybersecurity
threats
targeting
financial
institutions.
Recently,
other
banks
have
also
faced
similar
issues,
prompting
regulatory
bodies
worldwide
to
increase
their
vigilance
and
public
awareness
campaigns.

For
more
details,
the
official
press
release
can
be
found
on
the

HKMA
website.

Image
source:
Shutterstock