A new email scam that parades as the Commonwealth Bank seeks to scrape victims’ card details and hack into their bank account, but it’s extremely hard to spot the signs it’s a scam.
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Cyber-security group, MailGuard, issued a warning on the scam this week.
“Exercise caution if you receive an email supposedly from Commonwealth Bank – the bank has been spoofed via a new multi-staged phishing email scam,” MailGuard said.
The hallmark of this scam lies in not only how well-crafted it is, but how it ironically utilises multiple safety features to steal confidential data of users.”
Targets will receive an email with the display name of ‘Commonwealth Bank of Australia’, but which is actually from a scammer.
The body of the email then tells users that irregular activity has been detected on their account and their account has been restricted, with a link provided to “restore access.”
But, spoiler alert: that link doesn’t restore access to the targets’ supposedly compromised account.
Rather, it directs them to another Commonwealth Bank-branded page requesting users supply their NetBank credentials.
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