The Central Bank of the Argentine Republic (BCRA) has issued a public warning regarding a new digital fraud scheme in which criminals impersonate bank officials to steal savings and personal data.

According to reports from Infobae, the fraudsters are using the central bank's official imagery and identity to promote fake investment opportunities.

Victims are lured through deceptive communications and directed to download malicious applications designed to harvest sensitive financial information.

This development underscores the escalating threat of digital fraud targeting retail banking users across the region.

The BCRA's alert comes as financial institutions globally grapple with increasingly sophisticated cyber threats.

Similar warnings have been issued by other major regulators, including Bank BJB in Indonesia, which recently advised customers to safeguard personal data against rising digital fraud attempts.