Phishing – Are you sure that e-mail is genuine?
Phishing – a scam by online fraudsters by using seemingly genuine e-mails to con users out of information such as passwords, bank details and credit card information.
The scam starts with an e-mail from what would seem to be a genuine supplier such as a bank, utility supplier, or mobile phone company asking for details to be updated by clicking on a link. This will then take the victim to another seemingly genuine website that will then harvest the victims details for nefarious purposes. In July 2012 users of the O2 mobile network received fake e-mails of this nature offering a £10 discount even though there was a genuine offer by the company for that amount following network outage.
In his own blog Richard Hodson, Head of Technology at Oval Insurance Broking discusses this scam in more detail and explains what to look for in a phishing scam and how to avoid being conned
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ACE Group today announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe and build its market leadership in this growing area of emerging risk.
The announcement follows research by ACE which indicates that cyber is a “top three” emerging issue for European risk managers and represents a further evolution of the work of ACE’s global cyber practice, first established in 2014.