Bank of America Phishing Scam - Update Your Account Info
Date: 7/3/2008 5:31:48 AM
Subject: LAST NOTICE : Update your account information
*** REST OF HEADER MISSING ***
Dear Bank Of America customer,
Due to concerns, for the safety and integrity of the online banking community we have issued a new set of Terms and Conditions of Use.
It has come to our attention that your account has not been updated to the latest Terms and Conditions set .
Please take 5-10 minutes out of your online experience and update your account to the new Terms and Conditions to avoid any future problems with the online service.
However, failure to update your records will result in account suspension.
This notification expires on Jul 9th, 2008.
Once you have updated your account records you will be redirected to the new set of Terms and Conditions.
Please follow the link below and sign in to update your account information:
Bank of America, N.A. Member FDIC. Equal Housing Lender
© 2008 Bank of America Corporation. All rights reserved.
Since when do you improve the safety of your clients just by issuing a new set of Terms and Conditions? (Sorry we actually meant "Terms and Conditions of Use")
You released the new set of Terms and Conditions, so update it yourself!
Where have we heard that line before? Oh yeah, in a phishing scam e-mail. This is a very popular line among phishing scammers. So if you ever come across a line that reads like this, close the e-mail and don't read any further.
Sent on the 3rd of July and the notification expires on 9 July. At least they give you a couple of days to verify the scam. A phishing scam will always have some sense of urgency. Expect the next generation of phishing scams to have a line like this: "This message will self destruct in 5... 4... 3... 2... 1..." and below this text will be a phishing link that reads: "Click this link to stop the bomb!".
This phishing scammer showed some innovation in this e-mail, instead of using a text link, he/she placed the anchor text of the link in an image to bypass the spam filters. Banks refrain from sending e-mails containing links to their online banking portals, so it is safe to tag an e-mail as spam when it contains a link with anchor text like:
Bank of America will never send you an e-mail containing the above-mentioned link, only a phishing scammer will.
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