TT156: Online fraud – a timely reminder

September 23, 2010

<em>As ever we encourage our clients to be vigilant and understand risks to their business.</em>

However, the recent announcements by HM Revenue &amp; Customs (HMRC) about errors made and refunds due have triggered an increase in the attacks by fraudsters trying to get bank account details.

For instance, this is an email received today at our office:

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<td><i>Dear Applicant:

You have received a tax refund payment of 302.25GBP from HMRC (HM Revenue &amp; Customs) into your Internet Banking Account.

Please accept the tax refund request. The money will appear in your Internet Banking Account after 3-6 days.

A refund can be delayed for a variety of reasons.

For example submitting invalid records or applying after the deadline.

Please submit the form attached to your email in order to accept your incoming funds

Note: If you are using Internet Explorer please allow ActiveX for scripts to perform all data transfers securely .

Regards,

HSBC Bank plc 2002 – 2010

Copyright 2010, HSBC Internet Banking U.K. All rights reserve</i></td>
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Quite obviously this email is not from the bank it purports to be from.  However, it is all too easy for people to make the mistake of accepting such communications at face value.

We recommend that you forward this Topical Tip to your staff to remind them of the importance of internet security.

Talk to Barnes Roffe today
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