Customers of Capitec Bank are under the Threat of Phishing Email Campaign - Experts

Softpedia.com published news on 3rd April, 2014 stating a warning of security experts as "Customers of Capitec Bank, commercial bank of South Africa, should be careful of phishing emails sent out by cybercriminals."

The spam emails spotted by security experts read as: "Your online access needs to be confirmed as part of our routine maintenance to ensure your safety online. We require you to review your profile details on record as failure to adhere to this feature may result in temporary closure of your online access."

However, the claims made in the email are false as this is a phishing scam. Internet criminals designed these phishing scams to trick users into disclosing their personal information like bank account login details which then can be used to steal either user's identity or to access the user's money.

People who fall for the trick and click the link will be taken to a website which is designed to look like an authentic web page of Capitec. Once users visit the fake site, they will be asked to submit their account login details and other security information of their account.

Phishing scams are still very common form of Internet fraud and they target several companies throughout the world resulting many people keep on falling victim to them. It is very unlikely that a bank will ask its clients to confirm their login details through email and that too without addressing clients by their actual name.

The Bank highlights some important security tips on its official websites to mitigate the chances of being victimized by the current campaign of phishing email. They include: Firstly, never respond to any email which asks you to enter your personal details or submit the same in any other way. Secondly, always say no to emails which threaten to close your account if you don't provide your personal details, as in the above case.

However, the Bank advises you to call its hotline number 0860 10 20 34 in case you have already responded to a phishing email campaign and feel that you have been victim of an identity theft.

» SPAMfighter News - 4/11/2014