Phishing Update

Dermot SmythSecurity and Compliance Officer
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Updated:
The life of crime is over for 22 year-old Christian Ian Salvador, a student from Isabela State University in the Philippines.
The life of crime is over for 22 year-old Christian Ian Salvador, a student from Isabela State University in the Philippines. The Department of Justice-Office of Cybercrime and the National Bureau of Investigation- Cyber Crimes Division apprehended the Information Technology undergrad on Friday morning following a joint investigation into fraudulent credit card emails.
According to authorities, Salvador would regularly send out phishing emails to credit card holders requesting they verify or update their information or risk account suspension. Once a victim clicked on the ‘verify’ link, they would be taken to a page where they would be asked to input their personal and financial information.
The fraudulent page mirrored the official bank website and even included an authentic bank logo, making users feel comfortable enough to enter in user IDs, passwords, account numbers, and personal identification numbers.
Salvador would use the collected information to purchase items for himself online. It is unclear how many users Salvador was able to trick into giving him their information, or how much money he was able to scam out of his victims. He will face charges for the violation of the Republic Act 10175 or the Cybercrime Prevention Act of 2012.
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Dermot SmythSecurity and Compliance Officer

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