Suspected email scam was training exercise says finance regulator

A suspected scam where people were sent emails pretending to be from Guernsey’s financial regulator was a training exercise run by another company, the regulator has said.

The Guernsey Financial Services Commission (GFSC) said it had been made aware of a “possible phishing attempt” asking a firm and its staff to log into a site imitating one of GFSC’s online portals earlier this week.

However, an investigation revealed it was a “training exercise run by a third-party for its staff”, the commission said.

A spokesperson for GFSC said the incident was a “timely reminder” that firms should notify the commission if they have been targeted by cyber crime.