Binance Users Alert: Rising SMS Phishing Scams Bypassing Security Measures

Binance users are currently facing a sophisticated SMS phishing scam that exploits fake security alerts to steal sensitive information. The scam involves text messages warning users of purported security issues, such as unauthorized login attempts or new device connections, and urges them to call a provided phone number. Unlike traditional phishing attempts that use malicious links, this method bypasses Binance’s anti-phishing safeguards by leveraging phone numbers, making it harder to detect. Numerous users have reported receiving these deceptive alerts, highlighting the need for heightened vigilance. This article delves into the details of the scam, its implications, and measures users can take to protect themselves.

Binance Users Targeted in SMS Phishing Scam

Binance users have been targeted in an SMS phishing scam that uses fake security alerts. The text messages inform users of a security issue and prompt them to call a number to resolve it, bypassing anti-phishing safeguards that detect malicious links but not phone numbers. Users have reported receiving alerts for various issues, including login attempts from different locations, adding new 2-factor authentication devices, or connecting to new hardware wallets. Although no victims have been reported, users have warned others about the risks, noting that Binance will never ask customers to call a number. One user mentioned calling the number but did not elaborate on the outcome.

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