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Security Alarm: Cahoot Phishing Scam

Cybercriminals are aiming at looting the personal details of Cahoot customers with the help of smartly crafted emails titled as "Cahoot Important Security Alert", reported softpedia.com dated October 29, 2012.

Cahoot is an Internet division of Santander UK, a famous bank of UK which may explain why users credential would point out a highly valued loot for the phishes.

To sustain your protection, money, and your uniqueness, Cahoot has advanced its improved security system that will virtually omit fraud and will definitely shield you. All customers are suggested to renew their account details. Connect the Updated link below to benefit from the latest security features, the email says.

Though, the email is certainly not from Cahoot. The mail is a phishing scam that tries to swindle Cahoot customers into depositing their account login details to internet criminals. Users who are convinced fall prey to the scam trap, and click on the link contained in the email are redirected not to the Cahoot website, but to a compromised site on which cyber crooks have placed a webpage that asks them to give sensitive details.

All details submitted on the bogus site contain user login information that are gathered by the crooks executing the scam. Once they have acquired this information, the cyber crooks can then login to the victim's actual Cahoot online account, withdraw or transfer funds and rob off even more personal details. On the basis of the information supplied by the victim on the forged form, the criminals also become able to form deceitful credit card transaction and commit individuality theft, commented by security experts.

Cahoot Bank in an attempt to minimize the loss caused by scam declares that never send its customers emails asking for sensitive information (as in the above case).

Unluckily, it is because of the phishing email campaign of the afore-mentioned types that leads to an increase in phishing websites across the internet, security experts analyzed the ongoing scam said. Their comment is favored by data released by Anti-Phishing working Group in their "Global phishing Survey: Trends and Domain Name Use in 1H2012", according to which there were more phishing attacks in 1H2012- minimum 93,462 up 12% from 2H2011.

Related article: Securities Push Up A Must For Web Companies

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