Bank of Montreal Phishing Scam
Home ScamsPhishing Scams Bank of Montreal “New Authentication Service” Phishing Scam

Bank of Montreal “New Authentication Service” Phishing Scam

by Brett M. Christensen

Outline:
Email purporting to be from the Bank of Montreal (BMO) claims that your card has not been enrolled in the bank’s new authentication service. It warns that you will not be able to use your card until you click a link to enrol.


Brief Analysis:
The email is not from the Bank of Montreal. The claim that you will not be able to use your card until you click to enrol in an authentication service is not true. In fact, the email is a phishing scam designed to steal your personal and financial information.

Clicking the link opens a fraudulent website that asks for your bank login details, your credit card numbers, and other personally identifying information. This information can be collected by scammers and used to hijack your BMO account and commit credit card fraud. If the scammers are able to collect enough of your information, they may also attempt to steal your identity.

Scams like this one are very common. BMO has information about reporting such scams on its website.


Example:
Bank of Montreal Phishing Scam


Last updated: November 30, 2016
First published: November 30, 2016
By Brett M. Christensen
About Hoax-Slayer

References
Bank Of Montreal ‘Annual Account Maintenance Procedure’ Phishing Scam
Report Online Fraud
Phishing Scams – Anti-Phishing Information


Importance Notice

After considerable thought and with an ache in my heart, I have decided that the time has come to close down the Hoax-Slayer website.

These days, the site does not generate enough revenue to cover expenses, and I do not have the financial resources to sustain it going forward.

Moreover, I now work long hours in a full-time and physically taxing job, so maintaining and managing the website and publishing new material has become difficult for me.

And finally, after 18 years of writing about scams and hoaxes, I feel that it is time for me to take my fingers off the keyboard and focus on other projects and pastimes.

When I first started Hoax-Slayer, I never dreamed that I would still be working on the project all these years later or that it would become such an important part of my life. It's been a fantastic and engaging experience and one that I will always treasure.

I hope that my work over the years has helped to make the Internet a little safer and thwarted the activities of at least a few scammers and malicious pranksters.

A Big Thank You

I would also like to thank all of those wonderful people who have supported the project by sharing information from the site, contributing examples of scams and hoaxes, offering suggestions, donating funds, or helping behind the scenes.

I would especially like to thank David White for his tireless contribution to the Hoax-Slayer Facebook Page over many years. David's support has been invaluable, and I can not thank him enough.

Closing Date

Hoax-Slayer will still be around for a few weeks while I wind things down. The site will go offline on May 31, 2021. While I will not be publishing any new posts, you can still access existing material on the site until the date of closure.

Thank you, one and all!

Brett Christensen,
Hoax-Slayer