Hong Kong Securities and Futures Commission issues a warning: phishing SMS scams surge, threatening the security of trading platform accounts.

The Hong Kong Securities and Futures Commission officially announced that it has noticed a rising trend in phishing scams involving impersonation of licensed corporations, where fraudsters 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 verification information, allowing them to access clients’ accounts with the licensed corporation for unauthorized transactions. Therefore, guidelines have been issued to licensed corporations to prevent unauthorized transactions in clients’ accounts. If clients have disclosed their account login information to unverified websites or have discovered unauthorized transactions in their accounts, they should contact their licensed corporation as soon as possible and report to the police.