Authorities in Mongolia are warning the public about a surge in fraudulent calls and SMS messages impersonating commercial banks. These scams involve fabricated reasons, such as overdue loan payments, expired credit cards, or attempts to take out loans in the victim’s name, to illegally obtain online banking credentials. Citizens are urged not to respond to suspicious calls or messages and to never share personal information like usernames, passwords, one-time codes, or card details. Banks in Mongolia will never ask for this sensitive information. Remaining vigilant and protecting oneself and loved ones from cyber fraud is critical. The public is encouraged to exercise caution and report any suspicious activity.

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