A new Phishing mail in circulation, drafted to look
like an official Annual Account Review notification
from Bank of America, tries to pilfer personal financial
information of the bank’s customers by advising
them to update their account details online.
Security Experts at MicroWorld Technologies inform
that the con-mail starts off by referring to the safety
and integrity of Bank of America accounts and soon
proceeds to briefing the user on the need to update
the account information, in order to protect it from
fraudsters!
Once the customer spends a few minutes in giving
the information, he or she should have no problems
in continuing one’s normal activities on the
account, says the bait mail. Then it gets to the obvious
by prompting the recipient to click on a link that
opens up a page where the user’s information
can be updated.
As soon as the recipient clicks on the submit button
after keying in vital information of the account,
it goes straight into hands of the scamster located
at god knows where, even as the URL of the con website
is hosted in Sweden.
“MicroWorld Lab’s Global Phishing Monitoring
System indicates that fraudulent mails like these
are increasing rapidly as there’s an average
12% rise in the number of such unique mails month
on month,” says Sunil Kripalani, Vice President,
Global Sales and Marketing, MicroWorld Technologies.
“Not only are scamsters getting smarter in the
mail content and persuasion techniques, but a section
of them are also making the attacks more targeted
and personalized as they do their ground work before
aiming at a potential victim”.
According to Sunil Kripalani, a new trend in the
online ID theft scene is to combine the technique
of Vishing with Phishing to produce a two tiered scam
which lends more credibility to the whole trap. In
here, he says, the recipient of the email is told
to dial a fraudulent customer care number to update
the account information. Set on a low-cost VoIP service,
the mechanism will have an IVR (Interactive Voice
Response) that resembles the telephonic customer care
procedure of most banks and it will prompt the victim
to divulge their account information.
MicroWorld Technologies offers comprehensive protection
for home PC users against Spamming and Phishing with
eScan AntiVirus and Content Security software, which
is powered by a combination of advanced technologies.
For Enterprise email security at the mail gateway,
MicroWorld offers MailScan 5.0 which uses technologies
like SPF checks and the revolutionary NILP technology
in identifying and blocking Phishing mails.
MicroWorld
MicroWorld Technologies (www.mwti.net)
is the developer of the world's most advanced AntiVirus,
Content Security and Firewall software eScan,
MailScan,
and eConceal.
MicroWorld
Winsock Layer (MWL) is the revolutionary technology
that powers most of MicroWorld products enabling them
to achieve several certifications and awards by some
of the most prestigious testing bodies, notable among
them being Virus Bulletin, Checkmark, TUCOWS, Red
Hat Ready and Novell Ready.
To learn more, kindly visit http://www.mwti.net.
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