Feeds

FCO warns over bogus credit crunch relief phishing email

Fraudsters adapt methods to hard-up times

Internet Security Threat Report 2014

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. ®

Remote control for virtualized desktops

More from The Register

next story
UK smart meters arrive in 2020. Hackers have ALREADY found a flaw
Energy summit bods warned of free energy bonanza
DRUPAL-OPCALYPSE! Devs say best assume your CMS is owned
SQLi hole was hit hard, fast, and before most admins knew it needed patching
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Mozilla releases geolocating WiFi sniffer for Android
As if the civilians who never change access point passwords will ever opt out of this one
Why weasel words might not work for Whisper
CEO suspends editor but privacy questions remain
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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?
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.