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A scam email that claims to be from the Federal Deposit Insurance Corporation (FDIC) is being sent out, and the messages are similar even though the “from” and “subject” lines vary.

Texas Credit Union League (TCUL) employees received the scam email yesterday. According to TCUL, the email read, “In order to diminish the number of wire fraud cases, we have introduced a new security system. In this connection all your account transactions have been temporarily blocked until you update your security version in compliance with our new requirements.  In order to restore your ability to make transactions, we urgently prompt you to install a special security software. You may use the link below to download and install the latest security version.”

Mike Saylor, vice president of technology for TCUL, says that the FDIC doesn’t distribute software. The link in the email is meant to scare users into clicking the link, which contains malware. If you receive this email, do not click on the link. The FDIC says it doesn’t issue unsolicited emails. 

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