05/31/2011

Financial institutions throughout the United States are reporting a couple popular fraud attacks against consumers. One is a phishing email fraudulently claiming to be from the Federal Reserve regarding a wire transfer that was rejected. The second common phishing email surfacing fraudulently claims to be from NACHA regarding a failed ACH funds transfer. In both instances, these emails are fraudulent and in each case they attempt to lure unsuspecting consumers into clicking on a link "for more information." When an individual clicks the link, a malware software attempts to install on the person‘s computer with the intent to steal log-in credentials, user ID‘s, passwords, and other confidential information.

If you encounter either of these emails, please treat them as fraudulent and delete them without clicking on any attachment or link within the email. Other tips include:

  1. Treat all unsolicited emails that reference fictitious business interactions with extreme caution.
  2. Become naturally suspicious of any email that includes links to websites or attachments, even if sent by family or friends as their computer may be infected with malware.
  3. Look for "Https" and the lock in the address bar.
  4. If you see an "@" in the middle of a URL there is a good chance it is a phishing site. Legitimate companies use the domain name in their Web address such as www.premierbanking.com
  5. Maintain up-to-date firewall and antivirus protection on your computer.
  6. Regularly review all financial information. (Credit card statements, bank statements, etc)

Please remember financial institutions will NEVER call or email asking for your personal information. If you have additional questions or concerns, please do not hesitate to contact us at 563.588.1000.