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Bank of Bermuda Latest Target of Phishers

Internet scammers are currently targeting the Bank of Bermuda with spoofed e-mails to seize personal and financial information from its customers.

The reports said that the fraudulent e-mail presents a web link that redirects users to a spurious website appearing almost identical to the actual site of the bank. In certain instances, when the user clicks on the link, the real site opens up; however, a window pops up containing the spurious site also opens, lending the scheme an element of authenticity.

Security experts said that when the link is clicked, it might download a malware program like spyware on the user's computer that would intercept the user's keystrokes on the Internet as well as transmit that information to the scammer. The scammer would then use the stolen data to acquire credit cards, bank accounts and so on.

Meanwhile, in a statement given to the press, the Bank of Bermuda has said that it knows that some accountholders have received the bogus e-mail. Also, it has urged people to be aware of fraudulent e-mails like phishing e-mails.

In the current case, security experts said the bank had taken immediate action. It is working with appropriate security authorities to disable the spurious site.

According to the bank, it is advising customers to decline any e-mail that requests for the confirmation of personal details. It is also reminding accountholders that the Bank of Bermuda would never send e-mails asking them to validate account numbers, credit or debit card numbers along with personal log-in details.

Furthermore, officials at the bank suggested that if any client has replied to the fake e-mail with personal information, he/she must get in touch with the call center of the bank at 299-5959 right away.

Security experts said that this is not the first instance when the Bank of Bermuda became victim of a phishing scam. In October 2006, it had warned customers of a similar phishing e-mail, which tried to cheat the recipient into going to a fake website and giving away personal banking information.

Related article: Bank Issues Spam Alerts

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