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Bank turmoil fuels phishing boom

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MartinW View Drop Down
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    Posted: 10 Oct 2008 at 4:33pm
http://news.bbc.co.uk/1/hi/technology/7663055.stm
 
Watch out lads, the fraudsters are using the economic crisis to extract your info.
 
 

The FTC said the current rapid changes in the banking world, where many institutions suddenly had new owners, could only help fraudsters keen to steal login and other personal details.

"Scammers are taking advantage of upheavals in the financial marketplace to confuse consumers into parting with valuable personal information," it warned.

It said it expected fraudsters to pose as the new owners of banks or the federal agencies charged with oversight of struggling institutions.

The FTC urged consumers to be wary and not reply to e-mail messages or pop-ups that ask for personal or financial information even if they appeared to come from a bank. Consumers should also scrutinise bank and credit card statements for unauthorised withdrawals or transfers.

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