Hackers Created Fake Website of IBA

According to a security news released by dnaindia on July 12, 2009, the Indian website recently attacked by hackers and other cyber criminals is "Indian Banks Association" (IBA).

On July 6, 2009, IBA discovered that some phishers were sending phishing mails to banks all over the country.

To caution the Internet users, IBA have displayed the phishing mail on its website. The mail says - 'Indian Banks Association' provides an additional layer of security for online purchases by helping to prevent unauthorized individuals from using your ATM Card to buy online'.

The e-mail informed the users to recognize them by clicking on the link- http://www.iba.org.in/startpage.asp - that was inserted into the text of the phishing mail.

If users click on the link, they are taken to the phishing website of IBA where they are asked to divulge their usernames and passwords.

IBA reveals that users should note that the address of IBA is "www.iba.org.in" while the fraudsters have made a template alike to the home page of the IBA website.

IBA have appealed to all the users that they should be very careful of mails which professed to have come from IBA and should never reveal their passwords or usernames.

Meanwhile, investigations are going on in the alleged phishing case. Top executives also think that the phishing attempt has created panic among authorities and customers.

A top IBA official claims that the investigations groups have said that this particular phony site could have been hosted in the US, as reported by dnaindia on July 12, 2009.

Actually, IBA have contacted the Cyber Crime Agency of Mumbai Police and the Indian Computer Emergency Response Team to look into the case.

Officials and security experts have said that users should know that financial institutions such as IBA will never ask for private and financial information by mails.

Therefore, users who got mails asking for private details particularly financial information should contact the sender to identify the authenticity of the mail. Moreover, users should have updated antivirus software so that phishing mails can be avoided at the grass-root level.

Related article: Hackers Redirect Windows Live Search to Malicious Sites

» SPAMfighter News - 7/23/2009