Vietnam Social Security Warns Against Scams Requesting OTP, Fund Transfers

The Vietnam Social Security (VSS) strongly advises citizens and businesses to strictly refrain from participating in surveys through unofficial channels and from providing sensitive information, OTPs (One-Time Passwords), or making any form of fund transfers when requested. This warning comes in response to a rise in fraudulent activities, often disguised as satisfaction surveys aimed at assessing the level of satisfaction of organizations and individuals with the social security system. Reports indicate that scammers frequently impersonate social security officials, demanding additional insurance information or requesting fund transfers under the guise of delayed social insurance and health insurance payments. While Vietnam has experienced remarkable economic growth in recent years, the country has also seen an increase in cybercrimes and scams, particularly with the advancement of digitalization. Essential social security systems, vital to citizens' lives, are particularly vulnerable to unauthorized access. The VSS urges businesses to verify the authenticity of information before proceeding with any fund transfers related to social insurance payments. Such fraudulent activities not only undermine public trust in the social security system but also lead to financial losses. The Vietnamese government, in collaboration with relevant authorities, is working to strengthen anti-fraud measures to protect citizens' assets and maintain the stability of the social system. Source: Nhan Dan