You should use some caution if you get an email asking you to join Verified by Visa over the next few weeks. Taking advantage of the holiday rush to shop online, the public awareness of the Verified by Visa brand, and the security it offers, criminals are pushing a Phishing scam that offers very little in the way of true protection.
Verified by Visa is a solid layer of security for your Visa card. It works alongside the fraud detection and purchase protection offered by the issuing bank. What happens is you register for it online during the checkout process for a participating Verified by Visa retailer. You enter the required information, create a password, and activate the Verified by Visa service. Once activated, you cannot use the Visa card online without the password. If you want to know more, the official FAQ for Verified by Visa related information is here.
According to Webroot, a new Phishing campaign is circulating that is targeting holiday shoppers online using the Verified by Visa service name to lend creditability to the scam. This fake offer starts with an email inviting
you to join the Verified by Visa program. From there you are linked to a Phishing site that is “clearly more professional, slick, and clean than most Phishing pages,” “The form’s businesslike appearance serves to reassure the victim that the page really belongs to Visa.”
If you see this invitation, two things will stand out that are sure to ring warning bells. The first thing is the address used. While the email text will list one address, the actual address used in one example is vbvactivation-visa.com. This is not a legit Visa address.
Also, when registering for the Verified by Visa service, as mentioned, you do so during the check out process at a participating retailer. Visa would never send you random emails asking you to join. Another issue with the domain is that it uses HTTP and not HTTPS in the address. If you are dealing with Visa, and they need any type of information, they will always use HTTPS in the address field.
The second thing to scream fake and keep those warning bells ringing is that you are being asked for all kinds of personal information.
“In a real sign-up form for Verified by Visa, you won’t be asked to provide your mother’s maiden name, social security number, birthdates’, or any other sensitive details that you wouldn’t otherwise enter into a Web-based order form while shopping online,”.
It was also discovered that the domain used in the Phishing attack was registered to a GMail account.
If you see emails that ask you to join the Verified by Visa program, forward them to phishing@visa.com and delete them. Under no circumstances should you follow links or open any attachments with them.
If by chance you get an email that claims to come from the bank that issued your Visa card, pick up the phone and call the bank, and give them nothing over email. The odds are this too is a scam, and the bank will know immediately.
everyday users may not be aware of. A compromised facebook account could be a backdoor to more serious attacks on email or banking.
In Washington on Tuesday, the Senate Subcommittee on Terrorism and Homeland Security held a hearing titled, “Preventing Terrorist Attacks, Countering Cyber Intrusions, and Protecting Privacy in Cyberspace,” public and private sector experts emphasized the danger of cyber attacks and summarized efforts to address the risks.
With all the security threats out there, credit card companies are really working hard to make their cards as secure as possible. MasterCard has been working on a new layer of security, which is suppose to be released in the first half of 2 010. You would uses a cell phone to authenticate your online transactions by asking for a password that is sent via SMS or generated on the spot by JAVA application. The goal is to improve the customers’s protection against phishing schemes and man in the middle attacks. It could also make managing your credit card, and sending and receiving payments from your cell phone possible.