Be ware of new Social media’s impersonation scams that offer customer reward or call for their investment
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1/6/2021

Be ware of new Social media’s impersonation scams that offer customer reward or call for their investment

Social media scams make the most of real-time interaction to normally steal account information and payment data from consumers and recently push up customer’s investment in crypto coins. Scammers often create fake accounts that look like their target brand including Shinhan Finance – complete with copied logos and possibly forged account-validation symbols.

With these social media accounts, they can offer fake rewards, incentives and deals, show up in brand-related threads via various news feed. All hopeful victims had to do was follow a link to a website or make a down payment for a financial investment that would quietly steal their money, credentials, take their payment data or install malware on their devices.

Those cyber criminals also target to personal social accounts which constantly share their public posts with fraudulent content as mentioned above. With this tactic, those victim’s social friend list will possibly think of a business connection and easily fall into traps to click on malicious links.

New Social media’s impersonation scams
New Social media’s impersonation scams


The tips provided here are aimed to help you protect yourself. Awareness is your best defence.

  • Get aware of the relevant authentic Brand identities and their official social accounts. Most of recognized Brands including Shinhan Finance gets verified by Facebook and Zalo with a checkmark for their official social accounts.
  • Check your online accounts’ security regularly.
  • Check your banking account regularly and report any suspicious activity to your bank.
  • Perform online payments only on secure websites and using secure connections (choose a mobile network instead of public Wi-Fi).
  • Those banks and financial companies will never ask you for sensitive information, payment transaction over the phone or email or social network.
  • If an offer sounds too good to be true, it’s almost always a scam.
  • Keep your personal information safe and secure.
  • Be very careful about how much personal information you share on social network sites. Fraudsters can use your information and pictures to create a fake identity or to target you with a scam.
  • If you think that you have provided your account details to a scammer, contact your bank and financial companies immediately.
  • Always report any suspected fraud attempt to the police, even if you did not fall victim to the scam.

Shinhan Finance is a consumer finance company and all products and loan application can be found at our website www.shinhanfinance.com.vn.

Contact us for help

If you ever have concerns as to the legitimacy of email, social account, a call, please contact us via one of the following channels:

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