What are spoofing scams and why are they rising now?

Spoofing scams trick victims by faking a trusted caller ID, email, or app interface. Criminals then push urgent requests, like “verify your account” or “reverse a payment.” Alerts tied to Revolut scam calls and fake eGovernment apps show social engineering is scaling across channels. Economic stress, cheap tools, and data leaks make these attacks easier and more frequent.

How do Revolut scam calls typically work?

Fraudsters display a phone number that looks like Revolut’s, claim there is account risk, and rush users to share codes or approve transfers. The safest move is to hang up and contact Revolut through the in-app chat. Do not read one-time passcodes or card details to anyone who calls you, no matter the caller ID.

What is eGov PH spoofing, and does it affect Switzerland?

In the Philippines, fake eGovernment and National ID apps steal data and trigger fraudulent payments. While this is a separate market, methods travel fast. Swiss users can face similar tricks through cloned portals or messages. Investors should expect platforms to invest in clearer warnings, stricter app publishing checks, and faster takedown processes to limit cross-border copycats.

How can Swiss investors assess portfolio exposure to spoofing scams?

Map revenue from high-velocity payments, peer-to-peer transfers, and card-not-present volumes. Review fraud-loss disclosure, call-center loads, and customer-friction metrics. Ask about in-app caller verification, number-binding, and user education cadence. Quantify near-term CHF spend for controls and the expected payback period. Prioritize firms pairing fast containment with transparent reporting and measurable milestones.

Law and Government

Spoofing Scams Surge: Revolut, eGov PH Warnings — February 18

ByDanny Kontos February 18, 2026February 18, 2026

Spoofing scams are rising again, with fresh warnings on February 18 linked to Revolut scam calls in Ireland and eGov PH spoofing via fake government apps. For investors in Switzerland, the pattern is clear: social engineering is accelerating across payments and neobanks. That means higher fraud refunds, heavier support costs, and tighter oversight that can pressure margins. We outline what changed, why it matters for Swiss portfolios, and practical checks to reduce risk without guessing on numbers or conflating unrelated threats.