BIL S C A M. How do they do it?

5 comments

1. A passkey would solve the issue, no?

2. People want instant transfers with minimal hassle, this is the result. 8k is not necessarily an unusual amount, I’ve bought quite a few things that I payed for via bank transfer of more than that.

   As for LuxTrust, 2FA was provided by the customers, there’s no way a transfer went through without that. That’s the whole point of the phishing scams and fake sites, they need to trick people into approving a transaction via 2FA.

   Victims claiming that they didn’t are just mistaken. They may have thought they were just logging in or just didn’t pay attention.

3. You don’t seem to understand the issue here, it’s a user fault. Everyone can create a website and pay google for an Ad.

   Nothing BIL, a KYC officer or Luxtrust can do. Essentially the users were handing over their credentials.

   It’s unfortunate though for users that have lost money.

4. *Why won’t (insert higher authority or deity) prevent me of doing stupid shit?*

5. The users are approving the transaction themselves via Luxtrust. The bank can’t even be faulted for the wrong transfer as all
   the security measures actually work until the user himself bypasses all of it by approving it.

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