Press 4 To Give Us All Your Money

I guess it had to happen: phishers are not only trying to snag you by setting up fake banking websites, now they’re trying to snag you by setting up fake switchboards too. Tim McElligott writes in Telephony Online that scammers “posing as a financial institution and using a VoIP phone number e-mailed people asking them …

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Phishing Pushes Banking To Impose Transfer Limits

Internet banking takes another knock with news from AP that Germany’s biggest retail bank Postbank has imposed an online transaction limit . Germany’s biggest retail bank, Postbank, said Monday it was imposing a euro3,000 (US$3,860) limit on online transfers in an effort to protect customers against e-mail “phishing” scams. The bank, which has 11.5 million …

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