Digital smishing scams target consumers with fake bank and brand messages

Enrique Rodríguez Mahr CEO at Banco G&T Continental
Enrique Rodríguez Mahr CEO at Banco G&T Continental | Official Website

Digital fraud attempts using SMS messages that appear to come from banks or well-known brands are on the rise. These fraudulent messages, often called "smishing," aim to trick recipients into revealing personal or financial information.

Such scams typically promise prizes, promotions, or urgent banking alerts and include a link requesting sensitive data. For example, a message might state: "Congratulations! You have won a special prize. Click this link to claim it." Once users click or enter their information, scammers can access accounts, make purchases, or commit identity theft.

There are several signs that can help people identify fake messages. Promises that seem too good to be true are common warning signs. Messages containing suspicious or shortened links should not be trusted without verification. Poor spelling, confusing language, or excessive urgency often indicate fraudulent intent. Importantly, legitimate banks and companies do not ask for card numbers, PINs, passwords, or security codes via SMS.

To reduce the risk of falling victim to digital traps, experts recommend not clicking on unfamiliar links and accessing company websites directly through official channels. If in doubt about a message’s authenticity, individuals should contact the company or bank through official communication methods before responding. Suspicious messages should be deleted immediately and never shared with others. Enabling security alerts in banking apps can also help detect unusual activity quickly.

A spokesperson said: "Think before you click, protect your information and avoid digital traps."