Saturday, June 16, 2007

Online fraud in Mexico

Last week, the UNAM's Computer Security Conference was held at the Palacio de Mineria in Mexico city. One of the sponsors was Bancomer and there was a discussion panel between Bancomer and Banamex.

The banks were trying to convince people that they do everything to protect your money online, the truth is, they just do the necessary to keep their business working and make profit of it.

One guy at the audience asked them, about an internet portal dedicated to online frauds of Bancomer, Banamex and many other banks with mexican clients (like HSBC, Santander, etc.)
I wrote down the URL (http://www.robosbancarios.com), and today I visited the site; I've been reading some of the affairs, needless to say, banks in Mexico SUCK BIG TIME.

I realized that I should asked to the bank guys why the hell they don't give details of the transactions to the affected clients, but I was busy with the conference organization. The banks justify saying they're following the "banking secret", the truth is they're just protecting criminals.

Another form of fraud in Mexico, and very common, is the social engineering. It would be interesting to hear why the banks call to your home/office offering new credit cards and ask for personal data that any criminal can gather to steal your identity, and it's perfectly legal. It's a form of phishing and banks do nothing to stop the modus operandi, they should adopt an anti-phishing policy for phone calls.

"Bancomer won't ask for personal information: Be suspicious of any unsolicited phone calls asking for your personal information", that would help a lot, but after all they are BANKS, they're more interested on getting new clients rather than protecting them.

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