Beware of scammers taking advantage of the migration to the new BDO Online app

BDO Unibank is issuing a warning to the public about scammers who are using the bank’s switch to the new BDO Online app as an opportunity to send phishing links via text messages or emails in an attempt to steal money from their online bank accounts.

Phishing emails including a clickable “start” button that takes the recipient to a phony BDO website are being sent by scammers. This scam collects usernames and passwords in order to take money from the online bank accounts of its victims.

The bank emphasized that the new BDO Online app, which is set to replace the old BDO Digital Banking app, can only be downloaded from the App Store or Google Play Store.

Fraudsters likewise often take advantage of other related legitimate scenarios in banks like system maintenance to lure victims into clicking on links “to update” their accounts which will then lead to spoofed websites.

Customers are advised by BDO to stay away from clicking on dubious links and to only download the latest version of the BDO Online app from the App Store or Google Play Store in order to avoid falling for these scams.

It’s time to switch to the new BDO Online app by August 19. This new app lets users manage their bank accounts and credit cards, view monthly statements and account summaries. It also features enhanced security options, such as the ability to lock or unlock cards, set spending limits, and control overseas transactions.