money mule

In the recent days, we have seen many emails claiming to be from your bank and asking you to provide the user name, password, ATM Number PIN etc... First of all let me emphasize the fact that these are fake emails. Banks or any other responsible companies will never ask for these details of yours for any reason.

Let me reiterate that never ever respond to such emails. Do not click on the links in these emails as this will lead to fake sites. Entering your online banking username and password to these fake sites will make an attacker to take control of your account and withdraw all the money you have in your account. This scam is normally known as Phishing

I will post another post on the phishing later. In this post, I would like to emphasize the money mule scam which is the hidden side of the phishing.

Extract from Wikipedia about money mules