Change Of Bank Account Scam

Notice to All our Valued Customers

Criminals are always on the lookout for fresh new ways to make easy money. Fraud messages to customers are just old ideas that catch new people. Customers must be aware of business-to-business Identity Theft scams that involve the fraudulent diverting of payments into accounts not belonging to Barloworld Equipment.  Messages are being sent to our customers informing them of banking account changes.  

Should you receive any correspondence from Barloworld Equipment via an email or written on our letterhead, which informs you that we have changed our banking details, please ignore and report it to our Ethics and Compliance Officer immediately. Barloworld Equipment has not changed it's banking details, and this is a scam!  

Please verify the authenticity of the email and its content before making any payments into alternative bank accounts.

Please report any suspicious emails or conduct to barloworld-equipment@ethics-line.com. or email our Ethics and Compliance Officer vpanday@barloworld-equipment.com

TIPS TO AVOID BECOMING A VICTIM OF A PHISHING SCAM

  • Verify all notices of changes in bank account details.
  • Beware of false confirmation e-mails from almost identical e-mail addresses, such as .com instead of co.za, or slight variations from genuine addresses that can be easily missed.
  • It is essential that the identity of the person your business is dealing with is confirmed at all times.
  • Ensure you always shred and never throw away your business (and suppliers), invoices or any communication material that contains letterheads.
  • Verify any request for or changes to information with the supplier over the telephone, ideally with someone you know and have known for some time.
  • Use your database contact details to confirm notifications for any changes of banking details via official correspondence with your suppliers (such as a letter), before processing the next payment.
  • Do not publish your bank account details on the internet. This private information can be used fraudulently to trick innocent third parties into making payments to alternative accounts.
  • Ensure that your company’s private information is not disclosed to third parties who are not entitled to receive it, or third parties whose identities cannot be suitably verified.

These simple precautions can ensure that your business does not become a victim of phishing scams.

 

 

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