Payoneer Faces Account Hacks in Argentina: Fraudsters Exploit Phishing Links, Users Report Losses
Channel: Hacking Space Frontier
Date: 2024-01-20

Payoneer, a global payments processing company, reported that a number of customer accounts in Argentina were compromised due to fraudsters using phishing links. Users complained of unauthorized access, changed passwords, and substantial financial losses. Payoneer explained that the attackers tricked a limited number of customers into clicking on phishing links and providing their account credentials. The company took prompt action to contain the fraud attempts and emphasized its commitment to fraud prevention, collaboration with regulators, mobile carriers, and law enforcement, while actively educating customers on account security.