Scammers Using FaceTime to Drain Crypto and Bank Accounts

Security experts at McAfee are warning users about a dangerous new scam that uses FaceTime to steal sensitive account information. Fraudsters contact victims by text or phone while pretending to be representatives from a bank or financial institution. They claim there is suspicious activity on the account and eventually pressure the victim into a FaceTime call to verify their identity.

Once the video call begins, the scammers ask the victim to share their phone screen. This allows the thieves to watch as the user logs into their banking or crypto apps. They can see account numbers, passwords, and security codes in real time. Because the process happens live, the scammers are often able to drain funds before the victim even realizes they have been fooled.

This tactic is particularly effective because the visual element makes the fake bank representative seem more authentic. The most important rule is that no legitimate bank will ever ask you to share your screen or reveal a one time security code during a phone call. If you get an unexpected request like this, hang up immediately.

To keep your digital assets safe, only interact with your bank through their official app or website. If you are concerned about your account, find the customer service number on the back of your physical bank card. Never follow instructions from an unsolicited caller who pressures you to change your security settings or share your screen.