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Phishing Hits N.Ky. Chamber of Commerce

Recently phishing scam hit Northern Kentucky (N.Ky.) Chamber of Commerce. The chamber was deceived into a bank transaction of $163,000 by cyber criminals. It all began with a meticulous E-mail presumably from a Fifth Third Bank to chamber office. The chamber employee did not suspect its authenticity and divulged to phishers all they needed to access the chamber's account.

Steve Stevens, the chamber's president in his public statement alerted that North Kentucky and Greater Cincinnati may become prospective targets for phishing targets. In Stevens view these suave criminals disguise themselves as some of the prominent and most reputed banks with stable financial service in order to dupe clients. All that is needed to become a vulnerable victim is a computer with e-mail facility. He further adds that the only solace under this circumstance is that the damage seems control able.

In a drafted notification the chamber made public the fact that a part of the siphoned booty of $65,465 has been seized and another $43,541 has been traced. It is likely to be redeemed shortly.

In an effort to allay business community's fears the president assured that chamber's financial status was stable. Its pioneering work for trade and public was advancing well. Stevens was full of praise for the speedy inputs, persistent hard work by the employees of Fifth third to crack the case and recover lost funds.

Michael Brooks the FBI agent assured systematic inquiry into the fraud .The details of the case progress were not disclosed at this delicate junction for security reasons. Stevens guaranteed future protection against web frauds to his clients after details were worked out between the Chamber and the Fifth Third Bank.

Debbie Wheeler of the Fifth Third Bank believes that phishers target list consists of major 150 brands includes Fifth Third Bank for its dubious operations.

All bank clients, big or small are within the preview of this activity. What actually bothered the Bank was the status of low segment business, which even in normal course faces difficulty in keeping afloat. All clients are advised to take Bank relationship manager into confidence in case of a suspected or dubious e-mail. Only such precautionary measures can help to fight the impending menace.

Related article: Phishing With A Redirector Code

ยป SPAMfighter News - 21-09-2006

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