Posts tagged: fraud

Prevent being caught by Phishing

FireFox Phishing Warning

Phishing is one of those big words which came with the Internet.

What this big word means is that there are people who setup dummy web sites which look exactly like the bank’s web site. They then send you an email, pretending to be the bank, in which they ask you to confirm your login details. When you enter your details on the site they get hold of your login details, then log into your bank account and steal your money. They even do this with the SARS web site where they say you received a tax refund and they need your banking login details to pay the money to your account.

Personally I think the banks should be burned for the fact that the phishers  manage to steal your money because with the new law you are not supposed to be able to open a bank account without identification and proof of address. Before those people can steal your money they must set themselves up as a beneficiary in your account and transfer the money to their account. The bank can see to which account the money has been transferred, thus the banks are supposed to know who the criminals are.

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Dansette

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