Fraudulent Emails Increasing As Festive Season Approaches

Within a space of less than two weeks, Bank Windhoek says it has discovered another fraudulent email scam which targets clients, requesting them to update their online profile records.

“This email comes after another one was discovered late last week in which clients were informed that they qualified for a prize.

The discovery of these emails is an indication that fraudsters have increased their fraudulent activities as the festive season approaches, since they are aware that clients have more money in their bank accounts as they receive their year-end bonuses,” reads a statement from the bank.

Bank Windhoek is this appealing to clients to ignore and delete all emails that have supposedly been sent by the Bank.

“Bank Windhoek does not, and will never, communicate with clients through emails, nor will clients be requested to follow links attached to emails,” continues the statement.

This type of financial fraud is known as phishing. Phishing is the process by which someone obtains your private information through devious means in order to fraudulently assume your identity and ultimately to gain control over your bank account.

Phishing is therefore a form of identity theft that depends entirely on the victim’s cooperation. It includes fraudulent email messages, SMS messages and bogus telephone calls that lure clients to provide their personal information.

Source : New Era