->PConnect(script.ftech.net,mi2gl,m4d2e,mi2gl)
 

Second Swiss bank targeted by identity theft campaign

news alert

London, UK - 13 April 2004, 17:15 GMT - Just before Easter, customers of the venerable Swiss financial institution Zuercher Kantonalbank (ZKB) were targeted by identity theft emails. A few days prior to the ZKB incident, Basler Kantonalbank (BKB) customers were similarly targeted in another round of "phishing" scam attacks aimed at international and domestic banks worldwide. The Basler Kantonalbank has put up an advisory on its web site explaining the problem. Eastern European criminal syndicates are widely suspected of carrying out the phishing scams. Historically, Swiss private banks with their strict adherence to client confidentiality through "secrecy laws" have been seen as safe havens for high net worth individuals across the world. These recent phishing incidents seeking to carry out mass identity theft undermine confidence in the unique selling proposition of Swiss banks.

[CONTINUES]

Full details of the March 2004 report are available as of 1st April 2004 and can be ordered from here. (To view contents sample please click here).

If you are already a member of the Inner Sanctum you should have been emailed a full copy. To retrieve the original article please fill out the order form.

Renowned worldwide for the ATCA Briefings. Subscribe now.
 
Home - Profile - Values - People - Careers - Partners - Contact Us
D2 Banking - Bespoke Security Architecture - Digital Risk Management - Tools

Intelligence Briefings - Brochures - Case Studies -
SIPS Methodology FAQ (pdf)
Keynote Speeches - Articles - News Feeds - Glossary (pdf)
Terms and Conditions - Privacy Policy