FDIC Fraudulent Email Warning

January 2011 - Emails fraudulently claiming to be from the FDIC are attempting to get recipients to click on a link, which may ask them to provide sensitive personal data.

What to Know:

  • The email says that "in cooperation with the Department of Homeland Security, federal, state and local governments, the FDIC has withdrawn deposit insurance from the recipient's account due to account activity that violates the Patriot Act."
  • Recipients are asked to verify their account information through a system called "IDVerify," otherwise risk account termination.
  • The link to the ID verification system provided in the email takes users to a phishing page that asks them for personal and financial information.
  • FDIC notes that malicious software may be loaded onto the recipient's computer, but does not specify if this is done transparently, or if it requires interaction from the user.

What to Do:

  • Do NOT click the link provided within the body of the email and do NOT under any circumstances provide any personal information through this media.
  • Make sure your computer has up-to-date Internet security software (e.g., anti-virus, personal firewall, etc.)
  • Check for the latest security updates available for your operating system, and keep your web browser and other applications up-to-date.
  • If you clicked the link and are not sure your computer is safe, immediately shut it down and contact your computer professional to scan for and/or remove this malware.
  • Do not contact any financial institution or conduct any financial transactions from that computer until you or your computer professional is sure that it is safe to use.
  • If you believe you are the victim of identity theft, report the situation to Key.

Learn more about this alert.