Identity thieves numerous scams to trick you into giving up personal information. Here is one common scam and how you can protect yourself from being a victim.
The term phishing is pronounced “fishing” and is exactly that — except that the fish they are attmepting to reel in are you and me and not game fish, like salmon or striped bass.
Phishing is a way to get information by sending out spam e-mail to a large number of people. The e-mails usually request information by saying that your ATM/debit card number and PIN need to be verified by a Financial Institution. They say that they “lost your data” in an upgrade to their software program, which is done because of all the fraud that has taken place.
A link for a website is provided for you to type in your information. You are told in the e-mail that if you don’t provide the information, your account will be suspended.
When you click on the link in the e-mail, you are taken to a website that is not really the website of the institution mentioned in the e-mail. The site is set up for the thieves to capture your ATM/debit card number and PIN so that they can help themselves to your money.
Remember: To avoid becoming a victim of phishing, just don’t reply to the e-mails being soliciting personal information no matter how convincing they may seem. Discard the e-mail and contact your Financial Institution and let them know about the scam.
Tip: Internet Scambusters, www.scambusters.org, lists all the known e-mail scams that are currently being distributed. You can also subscribe to a free e-mail newsletter that outlines the latest scams and is a monthly publication.
– Preventing Identity Theft for Dummies, Michael J. Arata , Jr.
Compliments of Intact Insurance
– Posted by Amanda Brash