Once the cybercriminals have received their potential victims’ online account credentials, they will gain access to their accounts, steal their money and use their accounts fraudulently.
The "Your BMO Online Account has Been Blocked" Phishing Scam
Alert! Your BMO online account has been blocked. To restore simply click the link: hxxp://bit.do/dPmsJ
Bank of Montreal
Bank of Montreal users who have received messages asking them to click on a link or visit a website in order to update, re-confirm or verify their accounts, should always go directly to https://www.bmo.com/ and sign-in from there. Once the Bank of Montreal users have signed into their accounts, they will be notified of updates and other important changes, if there is any.
Going directly to Bank of Montreal’s website (www.bmo.com) will prevent users or customers from becoming victims of phishing scams that steal personal information or online account credentials.