The Social Security Administrtation warned of and email scam on its website. They had this to say: The Agency has received several reports of an email message being circulated with the subject “Cost-of-Living for 2007 update” and purporting to be from the Social Security Administration. The message provides information about the 3.3 percent benefit increase for 2007 and contains the following “NOTE: We now need you to update your personal information. If this is not completed by November 11, 2006, we will be forced to suspend your account indefinitely.” The reader is then directed to a website designed to look like Social Security’s Internet website. Once directed to the phony website, the individual is asked to register for a password and to confirm their identity by providing personal information such as the individual’s Social Security number, bank account information and credit card information.

This is a type of Phishing scam which are rising at an alarming rate.

To report receipt of this email message or other suspicious activity to Social Security’s Office of Inspector General, call the OIG Hotline at 1-800-269-0271. (If you are deaf or hard of hearing, call the OIG TTY number at 1-866-501-2101).