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Another Debit Card Phishing Scam

Another debit card scam involves victims receiving text messages purportedly from their bank telling them that their debit card had been deactivated and to call a telephone number provided in the text message to straighten out the matter. Victims who fall for this ploy call the number and are instructed to provide their debit card numbers and PINs. What makes the identity thief’s initial communication appear to be legitimate is that it often contains the first four digits of your debit card. However, the first four digits do not relate to you individually, but are associated with the particular financial institution and its location. This information is easy to get. It is also important to remember that financial institutions will never ask for your debit card number or PIN. They already have this information.

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