Frauds

Interesting article on bank fraud
http://www.bankdirector.com/issues/articles.pl?article_id=12028&V=1

The higher incidence of employee misuse of information at banks could be due to the fact that bank employees simply have access to more sensitive and valuable information. While financial firms are fortified by better security than most other types of companies, these systems are designed for the express purpose of keeping bad guys out, not necessarily watching for the threat from within.

If  the bank employee has a tie up with  unsavory characters, it can be a problem.

Dear Valued Customer,

With great pleasure, we wish to express our sincere gratitude for your patronage through the years

As a token to offer you an even more secure banking, we hereby introduce you to our new more improved security measure called CRYPTOGRAPHIC PROTOCOL. We acknowledge the constant advancement in the world technology and consequently strive to provide you with a safer, more flexible and more secure banking backed up by the most recent technology. Cryptographic Protocol is a technological measure/protocol which encrypts every data packet shared between your computer and IndusInd Bank server making it 99% impossible for third party to intercept your data packets shared with our server.

We understand the importance of security and flexibility in banking, thus we strive to provide you with the most secure banking ever. Your satisfaction is our primary concern.

You are adviced to enroll your account to the new security measure by loggin in via the reference below:
https://indusnet.indusind.com/indusnet/en/loginBrowser/loginNoCert_frm.htm? RequestId=6331301&Prot=crypto&cmd=enroll#

Thank you for using IndusInd Bank

NOTE: IndusInd Bank will not take responsibility should your account be compromised as a result of your refusal to enroll to the new security measure.