<img src="https://certify.alexametrics.com/atrk.gif?account=b2hlr1ah9W20em" style="display:none" height="1" width="1" alt="">

phishing emails

Not for the first time, FINRA, the US Financial Industry Regulatory Authority, has warned investors not to be taken in by fake phishing emails that appear to come from its President and CEO.

  • The fake emails claimed FINRA was a "recognised financial manager of the IMF" and "approval has been granted for the release and payment of your outstanding inheritance fund". Not true.
  • To claim the inheritance, you're required to fly to a country outside US jurisdiction, provide personal information and a copy of your passport. Scam.

Use these top tips and protect you and your firm against email phishing:

email phishing

  1. Be sceptical from the start about any email you get from a recognised brand (such as a bank, utility, shopping or tech firm) that asks you to click a link, provide your personal information or passwords.
  2. Watch out for red flags (signs that something could be wrong) - for example, a generic greeting (Dear Customer, Dear User), poor quality logos, spelling mistakes, serious consequences unless you act urgently, the wrong facts, and so on.
  3. Avoid oversharing information about your position, title and where you work on social media - it can make you more susceptible as scammers can use it to make their emails more credible (eg "Hey I work with Julie in Accounts at X").
  4. Train yourself to recognise personal styles (eg how people generally communicate with you, words and phrases they use, their usual signoff, etc) - this can help you detect impersonators.
  5. Delete any suspicious emails you get without opening or clicking on any links or forward them to IT for investigation - don't let your curiosity force you into an error.
  6. Don't respond to requests for information from generic senders - eg HR, Marketing, or IT.
  7. Finally, trust your instinct - if it sounds too good to be true, it usually is.

Leave a comment

Tick

eBook: Essential Uncovered

Skillcast Essentials is our best-selling library and there's a reason for that. Essentials library provides comprehensive coverage of the key compliance / conduct issues that companies in the UK face today.

Request now

Making digital learning accessible for all

As companies become more mature about the use of digital learning for engaging employees, their priorities are shifting from visuals and animation to more fundamental features, such as ...

Read More
Compliance Essentials News - January 2019

In this first update of the year, we have for you an analysis of Google's GDPR fine as well as several other compliance developments and points to ponder. This blog is dedicated to bringing you the ...

Read More
A refresh on the need for new Data Protection Officers in light of GDPR

Editors note: This post was originally published in April 2018 and has been refreshed to provide additional information. Today, 28th January, is Data Privacy Day. The purpose of Data Privacy Day is ...

Read More
FCA Compliance News - January 2019

With Brexit preparations continuing apace, the financial services regulators have been busy through December and January. Our mission is to bring you these items of news that touch upon the people ...

Read More