đđđ Fraudulent âJet Frogâ Withdrawals Hit Bank Accounts As Millions Warned To Watch for Unusual Activity
Numerous major banks are alerting customers about a new banking #scam named "Jet Frog" that is making unauthorized withdrawals. News.com.au is cautioning millions of banking customers to monitor their credit and debit card statements for pending withdrawals labeled Jet Frog.
Victims have reported spotting pending Jet Frog #transactions , with one individual noting a $0 charge, considered a red flag for potential fraudulent activities. According to reports, scammers often test cards with small transactions, and if successful, proceed to make unauthorized charges.
Social media posts indicate that the Jet Frog scam is spreading in Australia, and similar reports from #Europe and the #US date back to 2021. Some victims mentioned initial small charges, like $0.99, followed by larger unauthorized purchases.
Experts suggest that brute force attacks, using computing power to guess card numbers, are likely behind the scheme.
Banks advise customers to contact them immediately if they notice any Jet Frog transactions on their statements and terminate the affected credit or debit card.
Source - dailyhodl.com