NCUA latest hit by Internet 'phishing' scam

WASHINGTON (4/26/05)--The National Credit Union Administration (NCUA) alerted credit unions Monday that recently there have been multiple "phishing" scams initiated by email sent to both the general public and to some credit union members that appeared to be from the NCUA.

This false email asked for the recipient to click on a link to verify their account registration. If the recipient proceeded to do so, the link directed them to a false website and asked for their credit union account number and personal identification number (PIN).

NCUA said it was alerted to this scam over the weekend and the perpetrating website was shut down Monday morning. "However, you should be aware that these types of fraudulent schemes have a habit of reappearing in a same or similar fashion," the agency said.

"If any of your members responded to this or a similar email and provided any confidential account information, they may notify your credit union of the scheme. Your credit union should assist members in changing their account's PIN, as well as any other action you think necessary to protect their account," the agency advised. "You may also want to consider warning your members of this and other similar schemes."

Phishing crimes may be reported at http://www.cybercrime.gov/ or through NCUA's Fraud Hotline at 1-800-827-9650.



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