If phishing scams have been around for many years, and millions of pesos have been lost from banks and depositors by reason of breached account details, why is it that there many are still, and will still be, victimized by the same modus operandi?
Well, there are a number of reasons. There will always be new internet users, a portion of which are not well acquainted with phishing and other scams. If we consider that the total world population stands at billions and there’s an ever-increasing internet penetration, scammers never run out of “market”. Plus, by its very nature, phishing mimics the real thing. Some people will be fooled. Consider, for instance, the email I received the other day. It reads in full:
Irregular check card activity
We detected irregular card activity on your American Express Check Card on 24 July 2014.
As the Primary Contact, you must verify your account activity before you can continue using your card, and upon verification, we will remove any restrictions placed on your account.
To review your account as soon as possible please click on the link below.
Thank you for your Card Membership.
American Express Customer Care
For those who prefer a more graphic presentation, here’s the screen shot:
Looks realistic. The “magic” happens when the recipient clicks on the link and gets brought to a website that resembles the real thing. The user is then asked to “verify” his/her account by logging in. The moment the user believes the ruse, there goes the username and password details. Another phishing scam has succeeded.