Dynamoo Blogger Warns of Unscrupulous Internet Fraudsters

Dynamoo Blog's Conrad Longmore, Security Blogger cautions that Greenwood, Delaware (USA) based Discover Bank is having its customers as continuously becoming targets of cyber-criminals, so reported softpedia.com dated August 3, 2013.

Titled "Your most recent payment has been processed," the new scam involves an electronic mail that seems to validate on behalf of Discover Bank that the financial institution has processed the recipient's latest transaction. It then requests the user to apply his fresh details while logging in hereafter. A web-link is provided in the e-mail that apparently gives further details. By logging in he can examine his account info else carry out extra alterations, the scam message tells.

Originally, following the web-link takes the user onto an authentic website that, however, is hacked. From there he is led onto one malevolent script from a total of 3.

The scripts divert onto one malware laced web-page that certain compromised GoDaddy domain hosts, Longmore explains.

Unfortunately, when any end-user submits his private info through the fake electronic mail, only the scammers gain access over it. Subsequently, they may use that info for compromising the victim's A/C with Discover Bank and carry out illegal money transfers and/or other transactions. There is also the possibility for commitment of ID-theft and card fraud, Longmore further explains.

Reportedly, the scam which is troubling Discover Bank, has also recently attacked people holding accounts with other major banks as well as highly established organizations worldwide. A few significant names are Bank of Montreal National Australia Bank, Bank of America, St. George Bank, SunTrust Bank and Westpac Bank.

Following the latest incident, Longmore suggests Internauts to treat any unsolicited electronic mail, which asserts as communication by their bank, with suspicion. Recipients of these e-mails must forgo clicking web-links else viewing attachments provided in them, he adds.

As for Discover Bank, it asks customers to validate genuine e-mails from the institution via ensuring the end 4 numbers of the bank's card they own are displayed on the e-mails' bottom and top portions. It further notes that Discover Bank doesn't request its clients to answer e-mails with their private details.

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