Kiwibank hooked in phishing scam

Cybercriminals -- in a sign of the times -- have used a legitimate Web site in a phishing attack aimed at Kiwibank, according to Sophos.

Customers of the New Zealand bank were sent an e-mail which invited customers to perform routine "account maintenance" to ensure that the bank can "guarantee their money".

Paul Ducklin, Sophos's Head of Technology Asia Pacific, said the phishing e-mail doesn't read like one that you would expect a bank to send.

"And the link in the e-mail leads off to a Web server in the USA which is currently blocking downloads, so there seems to be little risk of customers getting caught out."

While the risk of being hooked may be low, Ducklin believes there is a lesson to be learned from the campaign.

"SophosLabs currently estimates that 70 percent of malicious Web pages abused by phishers and malware spreaders are not directly associated with cybercriminals, but rather are legitimate sites which have been broken into and borrowed for criminal activity," he said.

Legitimate sites also lose in these scams. The Web site used in the Kiwibank phish appears to be that of a sole trader in the US. "That site is now widely blacklisted, and off the air," Ducklin said.

"The genuine owner of the site is left to sort out the mess."

Like this article? Click below to send it to your mobile for free!

Talkback 0 comments


Latest Videos

Sponsored content

Power Centre - Content from our premier sponsors

Blogs

  • Renai LeMay Australian Govt funds IT start-ups
    This week Australia's Federal Government announced it had allocated $3.6 million in funding to 57 local research projects so that they could be commercialised, with many of them being web or IT-related start-ups.
  • Array Google should come clean on datacentres
    It's nice that Google says it has put an effort into making its datacentres more energy efficient, but the search giant's pledges won't mean much until it discloses just how many of the beasties it's actually running.
  • Array US shows what OPEL could have been
    Sprint's WiMAX roll-out in Baltimore will prove the Australian government's decision to worm its way out of the Opel WiMAX contract was a short-sighted, and ultimately damaging, political stunt that has benefited nobody.
  • More blogs »

Tags

Back to top

Featured