14 DAY TRIAL // Financial institutions have implemented all sorts of mechanisms to prevent fraud. However, these systems can also represent a good topic for a scam.
Millersmiles warns of phony emails entitled “New Messages from HSBC Bank,” which notify recipients that someone has attempted to fraudulently access their accounts.
“We noticed invalid login attempts into you account online from an unknown IP address 64.200.141.24. Due to this, we have temporarily suspended your account. We need you to update your account information for your online banking to be re-activated please update your billing information today by clicking here,” reads the notification.
It’s clear that the email wasn’t actually written by HSBC. Furthermore, those who click on the links it bears will find themselves on all sorts of shady-looking pages that request sensitive details.
Be sure to avoid such emails to protect your bank account against fraudulent transactions.