Phishing: Mastercard And Visa Warn Users Of Security Incident

snoopy · Sep 28, 2012

September 27th, 2012, 19:14 GMT · By Eduard Kovacs
Phishing: MasterCard and Visa Warn Users of Security Incident

A malicious email is trying to trick recipients into thinking that their payment card details “are at risk” after Visa and MasterCard, in association with Cryptico, have identified a security incident. Some cybercriminals think that if they compose a malicious message and use the names of multiple renowned companies, their campaign will record a higher rate of success. However, even if they leverage the reputations of more than one firm, the scammy messages are still filled with the classic mistakes.

Entitled, “Your personal informations are compromised,” the emails look something like this:

Dear valued customers,

During the past few days, we had been warned and notified regarding some problems in relation to our internet websites safety and security by Cryptico (a security consortium), the main ideas behind this e-mail is to inform you about a security incident. Unfortunately, your online banking and credit card credentials are now at risk!

Please visit the following link to activate your credit card informations:

[Link]

Sincerely,
The Identity Theft Department
Visa / Mastercard in collaboration with Interac Online.
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In reality, the email has nothing to do with any of the organizations mentioned in the notification. The poorly written message, combined with the bundle of inaccurate facts, and the URL behind the link which doesn’t point to a legitimate site are a clear indication that this is nothing more than a phishing scam.

Hoax Slayer reports that users who click on the link are taken to a website where they’re presented a malicious webpage. Here, victims are asked to provide their MasterCard or Visa card numbers, security codes, and other sensitive information. We advise you to be on the lookout for this one. In case you’ve already provided your details on the shady site, be sure to immediately contact the company that issued your payment card.
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