Hong Kong Securities Regulatory Commission issues guidance to licensed corporations to prevent unauthorized transactions in customer accounts

 the Hong Kong Securities and Futures Commission officially announced that there is a rising trend in recent cases of phishing SMS messages sent by fake licensed firms. Scammers deceive customers by clicking on hyperlinks contained in the text messages, redirecting them to websites similar to the official website of licensed firms, and then intercepting customers' usernames, login passwords, and authentication information, thereby gaining access to customers' accounts with licensed firms to conduct unauthorized transactions. Therefore, guidance has been issued to licensed firms to prevent unauthorized transactions in customers' accounts. If account login information is disclosed to an unverified website or unauthorized transactions are found in the account, customers should contact their licensed firm and report to the police as soon as possible.