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Restrictions on ATM withdrawals to prevent phishing scams – Chosun Ilbo (English version) : Korea Daily

The government has decided to limit daily ATM withdrawals to stop rampant phishing scams.

As part of the crackdown, the Anti-Phishing Task Force on Thursday said mobile phone numbers will also be limited to three per person per month starting Saturday. Now every person can have as many as 150 different numbers for her, or 50 different services for each of her operators and he can have 3 numbers.

The Task Force has identified a total of 16,431 scammers and operators since it began investigating last December. About 96,000 phone numbers, 4,000 malicious apps, and 3,800 Kakao accounts have been blocked or disconnected.

The government also decided to lower daily cash deposit limits at ATMs to prevent fraudsters from disguising or laundering ill-gotten gains.

The cash deposit limit at ATMs will be lowered from the current 1 million won to 500,000 won, and withdrawals will be limited to 3 million won (US$1 = 1,439 won) per day. Currently, there is no limit to his daily amount that one can withdraw from her ATM.

This leaves many victims, often senior citizens, who prefer ATMs to online banking, to lose their savings by agreeing to transfer large sums of cash to anonymous or unidentified bank accounts, thus allowing scammers to You can reduce the total amount stolen by

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https://english.chosun.com/site/data/html_dir/2022/09/30/2022093001604.html Restrictions on ATM withdrawals to prevent phishing scams – Chosun Ilbo (English version) : Korea Daily

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