Saturday 2 July 2011

Beware of Internet Banking FRAUD!!!!

Maybank does not send email that requires customer to update their 'Biodata', 'To Re-activate Account', or 'On Account Being Blocked'. 

In the field of computer security, Internet Banking FRAUD (PHISHING) is the criminally fraudulent process of attempting to acquire sensitive information such as usernames, passwords and Transaction Authorisation Code (TAC) details by masquerading as a trustworthy entity such as banks or other financial entity. Communications purporting to be from IT Administrators are commonly used to lure the unsuspecting public. Internet Banking FRAUD is typically carried out by e-mail and it often directs users to enter details at a fake website whose look and feel are almost identical to the legitimate one. Even when using server authentication, it may require tremendous skill to detect that the website is fake. Internet Banking FRAUD is another example of social engineering techniques.

Therefore, please ignore the phishing email, but report the matter to us immediately.

example of this kind of email: 
[News] Maybank2u.com Notice Update
this email was in my spams folder!!
                             Dear Valued Customer,
Your account have been flagged by our security experts. 
and kindly be informed , 
Transaction Authorisation Code (TAC)* will only be valid per transaction. 
For any subsequent transactions, you will need to 
 request new TAC.
You are therefore required to verify and update your details 
to avoid service suspension.
Click Here To Continue

Important Notice:

Ensure you Request a TAC. 
Transaction Authorisation Code (TAC) is required to complete 
this update. 
Failure to provide a TAC will lead to account suspension. 

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