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Australian banks warn of new scam

By: Nikola Strahija on June 30, 2005

The emails, which pretend to be from either the National Australia Bank (NAB) or ANZ, direct customers to fake internet sites.

ANZ spokesman Paul Edwards said the bank had identified the "phishing" scam, which triggers the release of a trojan - a program that installs and runs on the victim's computer - after they click on the website link. He said the bank had not yet determined what the trojan was designed to do, but said trojans generally collected customers' personal details including account passwords.

NAB spokeswoman Mikala Sabin said the website link from the fake emails did not appear to work. -It's as though the host site has already been disabled or didn't work in the first place, which means details can't be captured, she said.

Both banks said they had alerted customers through their websites and were working with the Australian Federal Police to have the fake internet sites taken down. Edwards said the ANZ was still investigating the extent of the hoax while Sabin said the NAB had already received 200 emails from customers alerting it to the scam.

Meanwhile, the Commonwealth Bank said it had a similar phishing scam on Sunday night, but had closed the hoax site down by Monday.

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