Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies

Be care­ful of fraud on so­cial me­dia

26 August 2022

One of the methods used by cybercriminals is to hack social media accounts on platforms like Facebook, Messenger or Instagram. Private accounts are taken over and used to send messages requesting payment card information, security credentials, etc. that can then be used to defraud victims.

This type of cybercrime has been perpetrated in Iceland and follows this and similar patterns: Once the criminals have hacked and taken over a Facebook, Messenger or Instagram account, they message people on the owner’s contact list. The message encourages the recipients to participate in an online competition or game that requires that they send their phone number. This is followed by a message that the recipient will get a text containing a code that he or she also needs to send. The criminals will then go on to ask for debit card information, credit card number, validity period and CVC, all in order to participate and receive winnings from the game or competition. 

If you send your payment card information as well as the code from the text message, the criminals have enough information to use your card to withdraw funds, even max out the card. It is very unlikely that the stolen funds can be recovered and you could end up suffering the damages.

Please never respond to such messages with your payment card number, login information to online banking or security code you get in a text, social media platforms or emails. If one of your social media contacts asks for such information, that person has almost certainly been hacked.

You may also be interested in
7 Oct. 2025
Financial Forum: How do I leverage data to enhance success?
Companies have access to a large cache of data - about their customers, consumption patterns, procurement, inventory and more. How have Icelandic companies been using their data to arrive at better decisions and improve operations?
3 Oct. 2025
Reduced service due to maintenance Sunday night/Monday morning
Due to maintenance work certain of Landsbankinn’s services will be unavailable Sunday night through to Monday morning, from 1:00 to 6:00 on 6 October.
Fjölskylda
3 Oct. 2025
Invitation to apply for community grants
Applications for Landsbankinn’s community grants are now open.
Play
29 Sept. 2025
Notification concerning Fly PLAY hf.
Customers who booked flights with Fly PLAY hf. with payment cards are entitled to reimbursement for cancelled flights.
Landsbankinn
25 Sept. 2025
Self-service solutions closed for 30 minutes Friday morning
Due to a systems update, online banking and the app will be closed between 6:45-7:15 on Friday, 26 September. Other self-service solutions will also be closed during this update.
Guðrún Nielsen
23 Sept. 2025
Guðrún Nielsen to Landsbankinn Corporate Finance
Guðrún Nielsen has been hired to join Landsbankinn Corporate Finance as a Project Manager. She has already taken up the position.
Tölva á borði
19 Sept. 2025
We cancel or lower fees for Landsbréf funds
We have cancelled or lowered fees that apply to transactions in Landsbréf funds, making it even more favourable than before to invest in funds.   
Austurbakki
17 Sept. 2025
Latter dividend payment of 2025 made today
In accordance with the decision of its Annual General Meeting, Landsbankinn has today paid a dividend to its owners in the amount of ISK 9,446 million. As a result, total dividend paid by the Bank in the years 2013-2025 amounts to ISK 210.6 billion.
Hvatasjóður 2025
15 Sept. 2025
Grants awarded from Landsbankinn Hvatasjóður
Dana Zaher El Deen K. Al Hennaw and Diana Al Barouki are the recipients of grants from Landsbankinn’s Hvatasjóður fund, rewarded in the form of scholarships for undergraduate studies at the University of Reykjavík (RU) in 2025-2026.
Þórunn Inga Ingjaldsdóttir
10 Sept. 2025
Thórunn Inga Head of Insurance at Landsbankinn
Thórunn Inga Ingjaldsdóttir has been hired to head the new Insurance team in the Personal Banking division at Landsbankinn as of early October.