Hackers have jumped on the credit crunch bandwagon in a bid to obtain personal details of hundreds of Brits.

According to the Foreign and Commonwealth Office (FCO), a number of web users have received emails claiming to be from Foreign Secretary David Miliband.

The phishing emails, which have subject lines such as 'Global economic crisis relief aid', claim the recipient can receive funds from a fictitious recession relief programme if they provide personal details such as their bank account number.

However, the emails are fake and by responding web users will help cyber criminals commit ID fraud.

The scam is similar to one run in January this year, when Brits were supposedly offered a tax rebate. However, it was simply another phishing scam designed to trick unsuspecting web users into handing over their bank details.