Bank buyouts trigger new phishing scams

Security experts are warning users to be on the lookout for a new round of spam attacks playing off of the recent banking crisis.

The US Computer Emergency Response Team (US-Cert) highlighted new spam messages purporting to be from popular banks.

The warnings come after the recent economic crisis pushed several major banks into the hands of new owners.

The rash of buyouts left some consumers puzzled as to the company now operating their banks, and phishers have capitalised on this confusion.

Phishers commonly use phony 'account verification' attacks to lure victims. The messages imitate a notice from the bank and will often threaten the user with penalties if they do not proceed to a 'verification' page and enter bank details which are then harvested and either sold off wholesale or used for fraud.

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