Email scam targets Cayman

An online scam targeting residents
in Cayman has emerged.

The fake email sent purportedly
from Cayman National Bank informs recipients that their account has been
randomly flagged as part of routine security measures.

To ensure access to the account,
the email then asks customers to verify their account information through an
online form that is highlighted in a link marked ‘Renew now’.

Ormond Williams, president of
Cayman National Bank said the email is a fraud. “We did not generate the
email.”

He advised customers that, like
other banks, Cayman National Bank would never request any confidential
information from customers by email.

The scam is a phishing email,
so-called because fraudsters are attempting to fish for customer details, which
are then used to gain illegal access to the account and defraud the account
holder.

The email attempts to pressure
customers into clicking on the link to access the online form and divulge
private information by threatening to suspend the account, if the request is
ignored.

Mr. Williams said the best thing for
recipients of the email to do is to disregard and delete it.

If customers are in doubt about any
communication they receive from Cayman National, they are welcome to contact
the bank directly, he added.

Comments are closed.