[Cherie]

Originally Posted by DemolitionRed

In itself its of no use but it can be used to get more information. They have collected account details which means they have an email address. They can then do what they call 'phishing'. They email you with a letter that looks like its come from your bank, telling you there has been a security breach. They verify themselves by giving you your sort code and the last four digits of your card number. They then ask you to confirm who you are by filling in the final details they need to access your account.

Don't most people know though that their bank will never contact them by email I think like Nigerian scams, phishing emails for bank details or emails claiming you are due a tax rebate are well known

[DemolitionRed]

Originally Posted by Cherie

Don't most people know though that their bank will never contact them by email I think like Nigerian scams, phishing emails for bank details or emails claiming you are due a tax rebate are well known

Yes of course but if they get a 1% return?

[Cherie]

Originally Posted by DemolitionRed

Yes of course but if they get a 1% return?

New sophisticated scams are being developed all the time so I can understand people getting sucked in I suppose but not by the ones that have been around for years

[bots]

Originally Posted by Cherie

New sophisticated scams are being developed all the time so I can understand people getting sucked in I suppose

the danger with scams is that they try and get the information via a number of methods. They use email, website duplication, phone calls and snail mail. So everyone needs to be careful about giving out information to any source.

If visiting a bank, always use a known link, never one given in an email etc.