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NORLIGHT
NEWSLETTER ARTICLE
PHISHING
SCAMS ON THE RISE
Imagine
you get an urgent e-mail from your bank. They've lost your account
information and need you to supply them with some personal information
to fix the problem. What are you going to do?
The Guardians'
advice is to report the e-mail, since you have most likely been
the victim of a "phishing" scam. Phishing is a new form
of scam that uses fake e-mail, Web pages and sometimes even a fake
Web browser address bar to trick you into giving out personal information
or launching a virus. And, according to a recent MessageLabs report,
phishing scams have increased by 1,200 percent in the last 6 months.
Phishing can
be financially harmful to those that fall for the fake e-mails,
but can be worse for the companies that are spoofed. Citibank, eBay,
PayPal, Wachovia, Visa and Bank of America are a few of the U.S.
companies that have been the targets of phishing. Any company involved
in this type of scam will experience ramifications such as lost
customer confidence, a damaged brand image, lost productivity, and
possible legal implications. Many times, a phishing scam will be
targeted at a company's employees, and the fake e-mail will appear
to come from an administrator at the company.
If your company
becomes a victim by being spoofed as the sender of a fraudulent
e-mail, notify your customers immediately and make the information
available on a continuous basis. Posting the information on your
Web site and offering a toll-free line for customers to call can
help keep your customers informed. To help your employees avoid
scams such as this, your best bet is to help educate them.
The following
tips come from the Federal Trade Commission (FTC):
- If you get
a possible phishing e-mail, contact the company by telephone.
Never respond to these e-mails via the Web. Some phishing scams
include a spoofed Web browser address bar, so you think you're
on a valid Web site when you're not.
- When you
do submit personal information via the Web, look for the "lock"
icon on the browser's status bar. It signals that your information
is secure during transmission.
- Review credit
card and bank account statements as soon as you receive them to
determine whether there are any unauthorized charges.
- Report suspicious
activity to the FTC. Send the actual spam e-mails to uce@ftc.gov.
If you believe you've been scammed, file your complaint at www.ftc.gov,
and then visit the FTC's Identity Theft Web site (www.ftc.gov/idtheft).
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