When scammers can’t intimidate you through fear and bullying to hand over your account details, they often switch to a different tactic.
In a sneaky new campaign, scammers are sending messages to potential victims claiming that their bank account has been frozen due to suspicious transactions. The only way to unlock your assets? You must verify that you are the legitimate account owner.
But that is all part of the scam. Read on for details on this tricky scheme.
Here’s the backstory
Most people would panic when their bank informs them of suspicious or unauthorized transactions. They would do anything necessary to protect their finances.
But that is precisely the fear that scammers are hoping to inflict. According to BitDefender, a new scam targets Citibank users with an elaborate phishing campaign. Claiming that the potential victim’s account is frozen, a phishing email requests that they verify their account.
Around 80% of the phishing emails are directed towards U.S. citizens, while a small portion targets U.K. and Canada. The spoofed emails use the Citibank logo to instill authenticity. But don’t be fooled. These messages are fraudulent.
The links in the bogus emails to verify your account take you to an almost-perfect clone of the Citibank website. But once you enter your login details to verify…
