Report reveals rise of online banking scams

Fraudsters have launched more ‘‘phishing’’ attacks on AIB in the first three months of this year than in all of 2008. The number of such attacks across the banking sector also increased 150 per cent in the last year.

4th April, 2009

Fraudsters have launched more ‘‘phishing’’ attacks on AIB in the first three months of this year than in all of 2008. The number of such attacks across the banking sector also increased 150 per cent in the last year.

Phishing occurs when criminals use fraudulent e-mails to trick consumers into logging onto a fake online banking website and revealing their bank login details.

Sean Jevens, head of e-channel development with AIB, said the...

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