Republic Bank Issues Scam Alert

Republic Bank (EC) Limited St. Lucia is warning its customers to be cautious of a phishing scam that aims to trick them into revealing their online login details.  The bank stated that scammers are duplicating the Republic Bank Alerts Email Communication with a false transaction.  They then ask customers if they want to dispute a transaction and provide a link to click.  However, this link takes customers to a fraudulent website that looks like Republic Bank’s authentic online website but is not. Once customers click the link, they are encouraged to input their information to access their online banking accounts. The information requested includes: RepublicOnline User Login ID RepublicOnline Password Secret Answer  Your Personal Email Email Password  Regarding Email passwords, Republic Bank said it would never request such information. In addition, it disclosed that Transaction Alerts never require secret information. The bank warned that if a scammer gets the requested information, they would have everything they need to impersonate the customer and log into their Online Banking account.  To prevent such scams, the bank alert provided examples of fake and legitimate emails and tips on recognizing phishing, including ‘subtle misspellings’ and ‘unfamiliar greetings.’  The bank explained that an email that...