Red-hot chipmaker AMD pops on surprise Q2 profit >>> READ MORE

Walmart Warns Customers About Bogus Email

Links in the email could reveal personal information


Wal-Mart WMTThe nation’s largest retailer is advising customers not to fall for an online scam.

On Thursday, Walmart (WMT) said that scammers were sending fake emails designed to look like legitimate emails from the discount chain. Recipients who click on links embedded in the email could end up compromising personal information, the Boston Herald noted.

Big Banks Are Taking Issue With Walmart? Cry Me a River
Big Banks Are Taking Issue With Walmart? Cry Me a River

The fake email — an example of “phishing” — appears as a confirmation of an order from Walmart’s website and comes with the subject line: “Thanks for your order.” However, links contained in the email take customers to fake websites that attempt to collect personal data that can be used for identify theft.

The company is warning consumers not to click on the links. Walmart said it was trying to identify the source of the email.

Earlier this week, Walmart said it would not join other Western retailers in a safety agreement meant to provide workplace safety inspections for garment factories in Bangladesh. The company says it is implementing its own program with better protection for workers in the aftermath of a Bangladesh factory collapse that killed hundreds of workers.

Shares of Walmart fell fractionally in Friday morning trading.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC