The problem is that anyone, who chooses to use their "free service," will become another "identity theft" statistic.
Here is the alert from Websense:
Websense® Security Labs™ has received reports of a new phishing attack that targets customers of Bank of America and various other banks. Users receive a spoofed email message, which claims that a new security program called SFN (Stop Fraud Now) has been launched. The program claims to provide protection against cloning of credit cards and asks users to provide details, such as Social Security Number, card number, and ATM Personal Identification Number (PIN). The message provides a link to a phishing website that requests users enter their personal information and account details.
The phishing site is hosted in Canada and was up at the time of this alert.
Bank of America' in collaboration with ALL the banks around the world which offers services of transactions through the internet and not only and several institutions against frauds launched a revolutionary program called SFN (Stop Fraud Now)'.
By registering on SFN your card is protected 99.99%. You probably wonder why we say that the chances of suffering a loss are 0. The moment you register you will receive a code which contains an international unique code (IUC). This code arrives to the bank which your card was released from. This way your card can't be cloned without knowing this code. Only the issuer bank can reproduce your card in case you loose it or has been stolen. Also you have many options from your account. On-line assistance through chat or virtual phoning (skype) non-stop and also the possibility of blocking your account through the push of a button anytime you find anything suspicious about it. You can unblock it as easy after solving the issues. Another helpful option you can find it in the internet Online section. There you have two buttons On-line and Off-line which allows y! ou to keep your card off-line for transactions and to active it only when you wish to shop or make a transaction. We guarantee it's a 100% efficient and secure program and monitored 24 hours a day, 365 days a year.
Click here <> to see the list of banks which support SFN program
Click here <> to visit our website for more informations!
JOIN NOW FOR MORE PROTECTION!Your card no longer can be cloned! Your card is monitored non-stop for a period of 356 days preventing suspicious transactions on the internet but also from the bancomat!
You have free assistance from our team anytime you're unclear about our services! Once you created your account you can set your card to on-line or off-line for internet transactions! This option offers you 100% ASSURANCE that ONLY YOU are able to use the card for online transactions!
The chances of being a victim of a material loss is 0.01% and in the case supposing our system didn't work at the efficiency we promised, we guarantee 100% that your money will be recovered!This service is offered by Bank of America in association with European Central Bank and National Australian Bank The project is of federal nature and is protected by the Federal Bureau of Investigation (FBI) and the National White Collar Crime Center (NW3C). It is 100% FREE !
For more information about this program visit our website
Bank of America
Electronic Banking Services
P.O. Box 37000
San Francisco, CA 94137
For the full Websense alert, link here.
My fantasy is that the FBI reaches across the border to the RCMP (Royal Canadian Mounted Police) and takes this one down!
This isn't the first time, the cybercriminals have used the name of the FBI: