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Friday, October 8, 2010

Email Scam: Phishing

Phishing:

You may receive an email from a bank/online service provider/ financial institution that asks you to click a link and visit a website in order to provide personal information. Such an email is more than likely the type of Internet scam known as "phishing".

Official-looking emails from banks, retailers and other online services, including Facebook, eBay, MySpace, PayPal, Chase Bank etc) which ask you to 'confirm' some details or which are warning you that your account needs some kind of immediate action. Once they have your login details, they can raid your bank, use online accounts as spam engines or hijack your good name for selling/buying. Information submitted on these bogus websites is harvested by the scammers and may then be used to steal funds from the user's accounts and/or steal the victim's identity.
Often asks for credit card details. These are then used or sold on.

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