Skip the navigation

Germany's Postbank is hit by new phishing attack

No customers have revealed their confidential information, bank official says

By John Blau
April 4, 2005 12:00 PM ET

IDG News Service - DUSSELDORF, Germany -- Germany's Postbank AG has been the target of another phishing attack, its third after two back-to-back assaults last year.
"The attack came around midnight, but as far we as know, none of our customers have revealed any confidential banking information," Postbank spokesman Hartmut Schlegel said today.
Customers of the large state-owned retail bank received an e-mail requesting them to enter two transaction authorization numbers (TAN) for security reasons. The e-mail address was: security@postbank.de.
The Web site was blocked "within a relatively short period of time," Schlegel said. He declined to provide details about who blocked the site and how.
Phishing attacks use spoofed e-mail and fraudulent Web sites to fool respondents into entering personal financial data such as credit card numbers and their account user names and passwords, which can then be used for financial theft or identity theft.
Postbank suffered two attacks last August, following a separate attack on Deutsche Bank AG (See story).
"So far, none of our customers have been affected by these attacks," Schlegel said.
All three of the phishing e-mail messages were written in poor German, according to Schlegel. "This raised a warning flag to most of our customers," he said.
Postbank has posted messages on its Web site and sent notices in the mail to warn customers of the rising risk of phishing attacks.
Most German online banking customers are required to provide a personal identification number and TAN for each Internet transaction.
Postbank, like most other German banks offering online banking services, sends customers a list of TANs by mail. However, for those who want a more secure way of receiving these numbers or who are traveling and prefer not to carry the list with them, the bank has launched a new mobile TAN service, the first of its kind in the country, according to Schlegel.
The service works like this: After customers have requested a TAN via the Internet, the number is automatically generated and sent to their mobile phone. The number is valid only for several minutes -- about the time required to make an online transaction.
The Fraunhofer Institute for Secure Information Technology recently published a study of German banks and their security measures against phishing attacks. Only Deutsche Bank received a "very good" rating, and no banks received a "good" rating. Postbank was one of five banks to receive a "satisfactory" rating. The remaining banks were evaluated as "sufficient," with the exception of one, Sparda-Bank Hamburg eG, which failed to make the grade altogether.

Reprinted with permission from IDG.net. Story copyright 2010 International Data Group. All rights reserved.
Additional Resources
Forrester Consulting - Optimizing Users and Applications in a Mobile World
WHITE PAPER
Solving application issues over the WAN requires careful consideration. Based on their independent research, Forrester Consulting offers recommendations on how to tackle application performance issues, insufficient bandwidth and the inability to quickly restore users in a disaster.

Read now.

Security KnowledgeVault
WHITE PAPER
Security is not an option. This KnowledgeVault Series offers professional advice how to be proactive in the fight against cybercrimes and multi-layered security threats; how to adopt a holistic approach to protecting and managing data; and how to hire a qualified security assessor. Make security your Number 1 priority.

Read now.

Cut Communications Costs Once and for All
WHITE PAPER
New IP-based communications systems are being deployed by small and midsized businesses at a rapid rate. Learn how these organizations are enabling faster responsiveness, creating better customer experiences, speeding office or mobile interactions, and dramatically reducing existing communications costs.

Read now.

Privacy White Papers
Overcome Top 7 Admin Challenges of Active Directory
As Active Directory's role in the enterprise has drastically increased, so has the need to secure the data. Gain insight on creating repeatable,...
Insiders Can Ruin Your Company. Take Action.
Did you know that 80 percent of threats to an organization come from the inside? The threat from insiders is often overlooked in...
Top Solutions and Tools to Prevent Devastating Malware
Custom malware frequently goes undetected. According to Forrester Research, the best way to reduce risk of breach is to deploy file integrity monitoring...
Streamline Compliance and Increase ROI
Streamline, simplify, and automate compliance related activities; especially those that impact multiple business units. This white paper from NetIQ, outlines solutions that will...
X-Ray of the PCI Process-4 Proactive Steps
This white paper from Forrester Research Inc., helps break PCI into understandable components. Security and risk professionals will gain knowledge and insight into...
All Privacy White Papers
Privacy Webcasts
A Road Map for Best Practice Social Media Acceptable Use Policy
Organizations around the world are racing to leverage the power of social media for business. Sites like Facebook are used for marketing, human...
Data Protection and Disaster Recovery with iSCSI and VMware
Get this on demand webcast now
Optimizing Networks for the Cloud
Join guest speaker, Rohit Mehra, IDC Director of Enterprise Communications Infrastructure, to explore current trends, discuss best practices for optimizing Data Center and...
Apps QuickStart Series Part 2: Designing and Deploying SQL Server on VMware vSphere
Download this webcast to learn about the design considerations for virtualizing SQL workloads, performance and scalability information and high-availability options, as well as...
Apps QuickStart Series Part 1: Designing and Deploying Exchange 2010 on VMware vSphere
Download this webcast to learn the virtual hardware design considerations for Exchange 2010, deployment using the building block approach, options for high-availability and...
All Privacy Webcasts
Newsletter Sign-Up

Receive the latest news test, reviews and trends on your favorite technology topics

Choose a newsletter
  1. View all newsletters | Privacy Policy
IT Jobs