Scammers are trying to steal banking information using fake e-mails that look like they've come from the U.S. Federal Deposit Insurance Corporation, the FDIC warned Wednesday. Scammers are trying to steal banking information using fake e-mails that look like they’ve come from the U.S. Federal Deposit Insurance Corporation, the FDIC warned Wednesday.The phishing e-mails tell the victim his account has been suspended “due to account activity that violates the Patriot Act,” and instructs him to use a system called IDVerify to confirm bank account information. In reality, there is no such thing as an FDIC IDVerify system. People who click on the IDVerify link actually go to a server controlled by the criminals. It either steals the bank account information or tries to install malicious software on the victim’s computer, the FDIC said in an alert sent to banks and consumers on Wednesday.The FDIC has received “numerous” reports of the scam e-mail, the statement said. It is trying to figure out who’s behind the scam, and it encourages people who receive these e-mails to forward them to alert@fdic.gov. The FDIC is chartered with maintaining the stability of the nation’s banking system, and it regularly issues warnings about the latest banking scams. This isn’t the first time that criminals have tried this approach. In 2004, the FDIC warned of a virtually identical scam after its Kansas City, Missouri, and Washington, D.C., call centers were overwhelmed with complaints, following another phishing campaign.Robert McMillan covers computer security and general technology breaking news for The IDG News Service. Follow Robert on Twitter at @bobmcmillan. Robert’s e-mail address is robert_mcmillan@idg.com Related content brandpost The advantages and risks of large language models in the cloud Understanding the pros and cons of LLMs in the cloud is a step closer to optimized efficiency—but be mindful of security concerns along the way. By Daniel Prizmant, Senior Principal Researcher at Palo Alto Networks Oct 03, 2023 5 mins Cloud Security news Arm patches bugs in Mali GPUs that affect Android phones and Chromebooks The vulnerability with active exploitations allows local non-privileged users to access freed-up memory for staging new attacks. By Shweta Sharma Oct 03, 2023 3 mins Android Security Vulnerabilities news UK businesses face tightening cybersecurity budgets as incidents spike More than a quarter of UK organisations think their cybersecurity budget is inadequate to protect them from growing threats. By Michael Hill Oct 03, 2023 3 mins CSO and CISO Risk Management news Cybersecurity experts raise concerns over EU Cyber Resilience Act’s vulnerability disclosure requirements Open letter claims current provisions will create new threats that undermine the security of digital products and individuals. By Michael Hill Oct 03, 2023 4 mins Regulation Compliance Vulnerabilities Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe