Bank of Ireland Cautions Accountholders about Phishing E-mails

ESET the cyber-security company has urged end-users to be wary of a scam e-mail that's directing to provide the account credentials of Bank of Ireland, thus reported breakingnews.ie dated February 17, 2015.

Addressing recipients by "Dear Account Owner," the bogus electronic mail states that Bank.of.Ireland is sorry about the inconvenience caused to customers, nevertheless, the bank's security mechanism has randomly selected them to do a regular examination of their A/Cs. Customers can keep utilizing their A/C to conduct Internet payments as well as other purchases by following an embedded web-link.

But pursuing the web-link that seems as a BOI one really diverts onto one Polish URL namely wzgorzetoskanii.pl and then further onto one more URL having certain Australian domain-name that exhibits one fake BOI site asking the end-user to log into by entering his online banking credentials.

The above is an example of phishing wherein a fake though genuine appearing e-mail is sent similar as the BOI message within the aforementioned instance that will look like the web-page of the victimized user's bank, however, is a creation of the cyber-crooks, wherein the user requires signing into his bank A/C similar as within the aforementioned instance. For signing in, the user must utilize his security details (security codes and passwords) along with cell-phone number.

If the user enters his security details, they go directly to the cyber-crook, who subsequently gains admission into the formers online banking A/C, and gets the funds transmitted into a "mule" account or what's a recipient A/C. This thus defrauds the victim who knows nothing about the deception.

Meanwhile, BOI has advised customers towards overlooking any such electronic mails, removing them into trash folder as well as calling their area branch incase they're not sure.

Moreover, it isn't just Bank of Ireland which scammers targeted during recent months. During H2-January 2015, one extremely genuine-appearing through fake e-mail was distributed amongst users while posing as one Bank of America alert e-mail. There were all the accurate logos along with colors in that e-mail as it stated that the recipient wouldn't be able to access his account tentatively whilst the bank made its system up-to-date.

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