@Edent I had to look up what Chase is. As sophisticatingly horrifying as this is, I guess those of us who aren't with Chase are not vulnerable to this?
Yes, that was a legit question
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@Edent Other banks do this too. And more banks are likely to start doing this because there are so many scams and this does stop a lot of them. This opens up for more scams of a different sort, but it is an improvement overall and so all banks should be looking for things like this to start doing. However the details have to be got right. @engravecavedave Not specific to Chase at all. The scammer is acting as a middleman between the bank (by pretending to be you) and you (by pretending to be the bank). The scammer initiates a transaction at the bank, and then convinces you to verify the transaction remotely. Not all banks will verify transactions exactly like this in the app, but itβs irrelevant to the scam. It works the same way if your bank sends a two-factor auth code via text, for instance. |
@engravecavedave it depends. Does your bank's app send notifications like this? If so, you're probably vulnerable.