Feeds

FCO warns over bogus credit crunch relief phishing email

Fraudsters adapt methods to hard-up times

The essential guide to IT transformation

The Foreign and Commonwealth Office (FCO) has warned Brits and others to ignore a phishing scam currently circulating around the internet.

Scam emails attempt to trick users into submitting personal data, in exchange for a chance to benefit from a fictitious "Recession Relief Programme Fund". The bogus emails purport to come from Foreign Secretary David Miliband and feature subject lines such as "Global economic crisis relief aid", as explained in an FCO warning here, issued on Monday.

The stimulus package announced by government leaders at the G20 conference last month makes the attempted FCO-themed fraud timely, without making it any more plausible. Most internet savvy users would smell a rat a mile off, but it only takes a tiny fraction to respond to make the ruse worthwhile for cybercrooks. Trend Micro notes the ploy is similar to "Obama Stimulus Check" scam emails spammed out in January.

Phishing scams began as an attempt to trick the gullible into handing over login credentials for online banking or PayPal accounts under the guise of security checks.

Over the years the brands targeted by such attacks have expanded to include a much wider range of e-commerce outlets, and more occasionally, as with the latest example, posing as messages from government departments. Government-themed phishing scams used to offer tax refunds but now we're seeing examples of supposed grant offers, another sign that fraudsters are adapting to the recession.

Phishing scams in general are more frequently targeted towards consumers, but businesses are not immune to getting taken to the cleaners either. ®

Next gen security for virtualised datacentres

More from The Register

next story
Ice cream headache as black hat hacks sack Dairy Queen
I scream, you scream, we all scream 'DATA BREACH'!
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
KER-CHING! CryptoWall ransomware scam rakes in $1 MEEELLION
Anatomy of the net's most destructive ransomware threat
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New Snowden leak: How NSA shared 850-billion-plus metadata records
'Federated search' spaffed info all over Five Eyes chums
Three quarters of South Korea popped in online gaming raids
Records used to plunder game items, sold off to low lifes
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?