ABA Warns of Fraudulent Emails

The American Bankers Association (ABA) has published a news release warning its members of a fraudulent email attack, an attack commonly referred to as phishing.  According to the ABA, the emails inform recipients that an “unauthorized transaction” has been charged to their account using their “bank card.”  The amount of the transactions is typically between $3,000 and $7,000.

In the news release, the ABA states they would never contact a consumer and ask for financial information.

To read the news release from the ABA, visit http://www.aba.com/Pressrss/012610FraudulentEmails.htm

Financial Institutions Security and Compliance Fraudulent Emails American Bankers Association ABA Security