"Hackers using 'cybersquatting' tactics to spoof websites of UK's biggest banks"

UK’s most popular banks have been targeted in a scheme in which hackers use fake website domains to impersonate them, deceiving customers into revealing their personal details such as sensitive login credentials. Researchers at DomainTools, a cybersecurity firm, have found a significant number of fake websites posing as different financial firms and a selection of US-based retailers. Researchers have also revealed the method that hackers are using, known as “cybersquatting”, which is the act of inexpensively purchasing website domains then designing each website to appear legitimate by displaying brand names and trademarked logos. This article further discusses the details of this hacking scheme, specific banking services that have been targeted, and suggestions for brands in handling domain name registrations. 

IBTimesUK reports "Hackers using 'cybersquatting' tactics to spoof websites of UK's biggest banks"