Fraudsters send fake letters on behalf of the Deposit Guarantee Fund

BankingBy: November 14, 20262 min read
Fraudsters send fake letters on behalf of the Deposit Guarantee Fund

The Individual Deposit Guarantee Fund (FGVFO) warned Ukrainians about a new wave of phishing attacks. The Foundation said that attackers send e-mails purporting to come from the name of the institution and try to force the recipient to click on a link to a fake site.

How to recognize a fraudulent email

According to representatives of the FGVFO, the fake pages have an address that almost does not differ from the official domain of the Fund - fraudsters change only a few characters or add similar letters so that the user does not notice the substitutions. The purpose of such a mailing is to force a person to enter personal data or bank card details on a fake resource.

The Foundation urged citizens to carefully check the website address before entering any information, not to follow links from suspicious emails and not to share their bank card details or access to their personal account with third parties. If the letter raises doubts, it is safer to enter the address of the FGVFO website in the browser yourself, and not to click on the link from the letter.

FGVFO is a state institution that guarantees Ukrainians the return of funds from bank deposits in the event of liquidation of the bank (for details on the amount covered by the guarantee, the Financier wrote earlier: insurance of deposits in banks). That is why fraudsters often use the name of the Foundation - it is associated in people with reliability and state guarantees, which increases the credibility of phishing letters.

The general rules of protection are simple: do not open attachments from unfamiliar letters, check the domain of the site symbol for symbol with the official one, and in case of any doubts, contact the bank or the Fund directly using the contacts from the official site, and not those indicated in the suspicious letter.

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