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ANZ Bank Customers Hit with Phishing Scam

Phishing e-mails are being sent to clients of the banking group of Australia and New Zealand namely ANZ Bank, which is based in Melbourne, Victoria, Australia as the messages masquerade as the famous banking institution, published softpedia.com dated October 13, 2014.

Reportedly, the phishing e-mail tells its recipient that his account with ANZ needs repeat confirmation, the process claimed as necessary for maintaining an up-to-date account.

Further, according to the e-mail, the user doesn't have even 24-hrs for hitting on a given button labeled "Re-confirm" for including his A/C within ANZ's database.

But, in reality, ANZ hasn't sent the e-mail rather it's one phishing scam created for duping accountholders into revealing the login details of their accounts.

Anyone who follows the web-link embedded on the fraudulent e-mail would get led onto a fake site crafted to mimic the real login page of ANZ Bank. Then if the person types in his client reference number as well as password onto that phony login page, his Web-browser would typically divert onto the real site of the bank.

At this instance, the user is likely to think he has effectively fulfilled the 'Re-confirmation' procedure without knowing he has actually been tricked.

Consequently, he is likely not to report the scam thus making sure the malevolent e-mail outbreak continues even longer.

Yet, when the scam may get caught, it'll be too late as already the cyber-criminals would have got hold over the credentials, which they would use to steal from the bank A/C, in case the dual-factor validation from the bank isn't enabled.

Here it's greatly recommended that extra forms of validation be used alongside client number or password-username duo, security analysts of the currently going e-mail scam remark.

Meanwhile, ANZ Bank isn't the only institution to be targeted with a phishing scam, recently. During September 2014, Sydney-based Westpac Australia too cautioned its clients for destroying a spam mail that had a header "Westpac Secure E-mail Notification," while asserted recipients had got one secure message. In addition, there was an attachment in the e-mail that required opening if the secure message was to be read, the fake electronic mail indicated.

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