Simon Smith, eVestigator on A Current Affair discusses “Clone Websites”
Simon Smith, eVestigator, an expert Cyber Fraud and Cyber Crime Forensic Investigator tells “A Current Affair” about Ann’s story in an effort to bring some justice back to Ann and her husband. Mr. Smith located the clone website his prior customers Ann (when only commissioned for a very short time and working on other requests for the couple), whom had hidden behind a real company website to provide a false image.
Ann, working in finance is a very smart lady, yet behind this false cybercrime impression, this fraudster socially engineered Ann and manipulated breaches in the what I consider ‘allegedly negligent’ lack of banking internet fraud detection system that helped the scammer open several accounts online from where I located to be based in india.
Ann lost over $200,000 to fraudsters and what was not covered in the story was the bank’s excuse that it somehow is Ann’s fault. The new fraud that could sting pretty much anybody.
Despite the bank’s public advertising stating consumers are ‘not liable for the fraudulent or negligent conduct of ‘**the Banks**’ staff or agents’, their security systems are inferior and flawed. They don’t appear to detect a simple foreign IP address as a trigger which any other bank would immediately action.
As an expert in policy, fraud, cybercrime and social deception, with a Graduate Diploma in Anti-Money Laundering and Counter Terrorism Funding, and plenty of experience, I have done many investigations into this kind of fraud, and most of them end up back at the bank lack of capacity to create a sophisticated algorithm that merely has to analyze behavioural trends, request headers and build a regression offset to trigger an alert.
Mr. Smith tried several attempts to mediate with the bank as a Nationally Accredited Mediator and Dispute Resolution Practitioner and is of the view that they owe Ann a duty of care. They promised her a callback and investigation more than 1.5 years ago and had the nerve to hang up on me.