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Port Moresby
July 31, 2021
News

Westpac Warns of Sophisticated Online Scams

Banking Company Westpac PNG today warned customers to be vigilant against online fraud.

This comes after authorities discovered a website that replicated Westpac’s PNG Online banking page in an attempt to trick customers into handing over their account details.

 

General Manager of Westpac PNG, Geoff Toone, said this is just one of a number of sophisticated online scams being attempted by fraudsters.

 

Westpac will be introducing Second Factor Authentication in PNG in the coming quarter to help stop fraud attempts by validating the identity of customers wishing to transfer funds.

 

“A unique code will be sent to the customer via a second channel like a registered mobile number, stopping fraudsters in their tracks. We’re very excited about this technology,” he said

 

Westpac is encouraging any customers who think they might have witnessed a fraud attempt to contact Westpac immediately.

 

“Please also tell your friends and family about these scams so they can be on the lookout for attempts of fraud,” added Mr Toone.

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