Phishing expedition

This post was written by admin on March 23, 2009
Posted Under: finance

Phishing is when Internet thief sends a spam email claiming to be from a bank or other financial institution trying to send you to some other website which looks the same as the real website and get you user id, password, social security number and other secret information so the thief can steal funds from your account or worst still, steal your identity.

Here is an example:

Dear Valued Member

We were unable to process your billing details. Did you recently change your bank, phone number or credit card? To ensure that your service is not interrupted, please update your billing information today by After a few clicks, just verify the information you entered is correct

Logon Now to update your account with our new system.
https//www.paypal.com

It comes supposedly from:
“service@paypal.com”
and is to undisclosed-recipients.

OK how do you know they are phishing?

  1. Paypal and other financial institutions never ask for your information from an email.
  2. Email coming from any corporation comes from the corporation like when you buy something and pay with Paypal the conformation email comes from service@paypal.com.
  3. You would get the email coming to your email address and not to undisclosed-recipients.
  4. There are often many spelling mistakes and bad grammar in phishing emails. That’s because many come from people whose native language is not English.
  5. Most importantly when you role over the link you will see something different than the supposed link. For example in this case the real link (the place the phisher would have sent you) is:
    http://arbomatch.nl/cache/www.paypal.com/www.paypal.com/www.paypal.com/www.paypal.com/www.paypal.com/www.paypal.com/www.paypal.com/www.paypal.com/ which is a Netherlands (Holland)  domain.

So what are you to do?

  • Never, never click on a link from a suspiscious email but to check whether an email or call is really from the company or agency, call it directly or go to its Web site (use a search engine to find it), or type the address of your instition into your browser.
  • Never give your information online unless you started the transaction.
  • Job seekers should always verify the person’s identity before providing personal information to someone claiming to be a prospective employer.
  • If you have provided account numbers, PINs, or passwords to a phisher, notify the companies with which you have those accounts immediately.

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