It has been reported that several cell phone owners received text messages from their banks informing them that their cards have been deactivated. They were told to call a number to find out more details.
In reality, scammers send mass texts to everybody, and because they are using the names of the biggest banks in the country, a good chunk of the recipients might consider the warning and call the number.
As expected, the person at the other side of the line will ask for personal information and card number, “for confirmation”.
How to avoid: however much technology advances, you will not be told that your account was deactivated by a text message.