The Hong Kong Securities and Futures Commission issued guidelines to licensed corporations to prevent unauthorized transactions in client accounts

ChainCatcher message, the Hong Kong Securities and Futures Commission officially announced that it has noticed a rising trend in phishing scams involving impersonation of licensed corporations. Scammers deceive clients into clicking on hyperlinks contained in mobile text messages, redirecting them to websites that resemble the official sites of licensed corporations, thereby capturing clients' usernames, login passwords, and authentication information, allowing them to access clients' accounts with the licensed corporation for unauthorized transactions. Therefore, guidance has been issued to licensed corporations to prevent unauthorized transactions in client accounts. If account login information has been disclosed to an unverified website or if unauthorized transactions are discovered in the account, clients should contact their licensed corporation and report to the police as soon as possible.