Febraban warns of WhatsApp scams using its name to defraud bank customers

Brazil's banking federation Febraban issued a public warning about fraudsters impersonating it via WhatsApp to trick consumers into believing their accounts face suspicious activity. The entity clarified it never contacts clients directly, marking a notable uptick in phishing attempts leveraging its brand. The incident underscores rising social-engineering threats targeting Brazilian bank customers, though no financial losses are yet quantified.