Portable | Hsbc Secure Code

A victim in London receives a call from "HSBC Fraud Department." The number on the caller ID matches the bank’s real number (spoofed). The voice says, "Someone in Manchester is using your card. We are sending a Secure Code to your phone. Read it to us so we can cancel the transaction."

By Alex Mercer, Tech & Finance Correspondent hsbc secure code

This is the world of . The Password is Dead (Long Live the Token) For years, banking security was a dirty secret. Your "secret word" or "memorable date" was floating around in databases that were getting hacked constantly. If you used "Password123" for your gym membership and your bank, you were a thief’s lottery ticket. A victim in London receives a call from

In 2023, a new scam emerged: