06 Feb 2019
Metro Bank said on Monday some customers had been hit by a fraud which targets a weakness in telecom companies’ text messaging systems used to verify bank transactions, and the bank said it was a wider attack on British banks.
“Of those customers impacted by this type of fraud, an extremely small number have been Metro Bank customers and none have been left out of pocket as a result,” a spokeswoman for the bank said.
Metro Bank declined to comment on when the attacks took place or were discovered, but said it was among a number of banks targeted.
– By Lawrence White, Reuters, 4 Feb 2019.
Link to Reuters
You can claim CPD minutes for reading this article, by signing up to our CPD WalletFREE CPD Wallet