diff --git a/crates/ruff_linter/resources/test/fixtures/flake8_bandit/S608.py b/crates/ruff_linter/resources/test/fixtures/flake8_bandit/S608.py
index b4c2aba044..9420427994 100644
--- a/crates/ruff_linter/resources/test/fixtures/flake8_bandit/S608.py
+++ b/crates/ruff_linter/resources/test/fixtures/flake8_bandit/S608.py
@@ -101,4 +101,5 @@ query = "INSERT table VALUES (%s)" % (var,)
 query = "REPLACE INTO table VALUES (%s)" % (var,)
 query = "REPLACE table VALUES (%s)" % (var,)
 
-query = "Deselect something that is not SQL even though it has a ' from ' somewhere in %s." % "there"
+not_a_query = "Deselect something that is not SQL even though it has a ' from ' somewhere in %s." % "there"
+not_a_query = f"Please select a value from the list of possible variants: {variants}."
diff --git a/crates/ruff_linter/src/rules/flake8_bandit/rules/hardcoded_sql_expression.rs b/crates/ruff_linter/src/rules/flake8_bandit/rules/hardcoded_sql_expression.rs
index d54e0a0b23..f26e3607f4 100644
--- a/crates/ruff_linter/src/rules/flake8_bandit/rules/hardcoded_sql_expression.rs
+++ b/crates/ruff_linter/src/rules/flake8_bandit/rules/hardcoded_sql_expression.rs
@@ -13,7 +13,15 @@ use crate::checkers::ast::Checker;
 use super::super::helpers::string_literal;
 
 static SQL_REGEX: Lazy<Regex> = Lazy::new(|| {
-    Regex::new(r"(?i)\b(select\s.+\sfrom\s|delete\s+from\s|(insert|replace)\s.+\svalues\s|update\s.+\sset\s)")
+    // We pass this generated expression strings like:
+    //  "SELECT " + val + " FROM " + table
+    //  f'delete from table where var = {var}'
+    //  "\n    SELECT *\n    FROM table\n    WHERE var = {}\n    ".format(var)
+    //
+    // To avoid false positives, we:
+    //  - Require the SQL to be at the start of the expression, allowing for tokens that are not a part of the string
+    //  - Require whole-word matches for SQL keywords
+    Regex::new(r#"(?i)\A(\"|f\"|\'|f\'|\\|\\n|\s)*\b(select\s.+\sfrom\s|delete\s+from\s|(insert|replace)\s.+\svalues\s|update\s.+\sset\s)"#)
         .unwrap()
 });
 
@@ -51,7 +59,7 @@ fn has_string_literal(expr: &Expr) -> bool {
 }
 
 fn matches_sql_statement(string: &str) -> bool {
-    SQL_REGEX.is_match(string)
+    SQL_REGEX.is_match(string.trim_start())
 }
 
 fn matches_string_format_expression(expr: &Expr, semantic: &SemanticModel) -> bool {
diff --git a/crates/ruff_linter/src/rules/flake8_bandit/snapshots/ruff_linter__rules__flake8_bandit__tests__S608_S608.py.snap b/crates/ruff_linter/src/rules/flake8_bandit/snapshots/ruff_linter__rules__flake8_bandit__tests__S608_S608.py.snap
index 82e67171d8..8d3e8f5a08 100644
--- a/crates/ruff_linter/src/rules/flake8_bandit/snapshots/ruff_linter__rules__flake8_bandit__tests__S608_S608.py.snap
+++ b/crates/ruff_linter/src/rules/flake8_bandit/snapshots/ruff_linter__rules__flake8_bandit__tests__S608_S608.py.snap
@@ -476,7 +476,7 @@ S608.py:102:9: S608 Possible SQL injection vector through string-based query con
 102 | query = "REPLACE table VALUES (%s)" % (var,)
     |         ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ S608
 103 | 
-104 | query = "Deselect something that is not SQL even though it has a ' from ' somewhere in %s." % "there"
+104 | not_a_query = "Deselect something that is not SQL even though it has a ' from ' somewhere in %s." % "there"
     |