Westpac Banking Corp. warns its Customers of Email Scam

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Westpac Scam

Australian cybersecurity firm MailGuard, noticed the scam targeting Westpac customers with an email. “Your account is locked,” the subject line of the scam email reads. This email tells people that their account is temporarily locked, “as a result of technical issues detected, and can only be fixed by clicking on this link within the email.” By clicking on this link, customers are taken to a replica of the Westpac banking website, coming up with a login screen to put in their customer ID and password.

Westpac_account_lockout_phishing_site

However, by doing so, it will allow cyber criminals the ability to steal and record login information needed to access victims accounts. This scam does indicate that it’s a scam, but the address ending in @westpac.com.au may trick some customers. Craig McDonald, mail guard chief says these types of banking scams often increase around the end of each financial year. We are encouraged not to be “happy clickers.”

Here are  the best practices that you can do with email scams:

  • Filter spam.
  • Don’t trust unsolicited email.
  • Treat email attachments with caution.
  • Don’t click links in email messages.
  • Install antivirus software and keep it up to date.
  • Install a personal firewall and keep it up to date.
  • Configure your email client for security.