Gradually the tentacles of the Russian gangs behind phishing are appearing. But we still have no idea how it really works, and how big the beast is. The Boston Herald reports today on the arraignment of a “suspected Russian mobster” on multiple counts of identity fraud, having allegedly obtained personal information from more than 100 victims… Read More »
Banks have failed customers over credit card fraud; why should they do any better over phishing? Further to my piece on how banks had failed customers over phishing by continuing to communicate with them by email and failing to warn customers about possible breaches of security, here’s an example from the world of credit card… Read More »
Is it time that financial websites just stopped communicating with customers via email? I would have thought it was a bit extreme, but I’m not sure banks can be trusted to continue sending out emails to customers. I’ve talked before about how emails from institutions are hard to distinguish from phishing emails, further confusing customers,… Read More »
As long as people think of phishing as stealing financial data, no one’s safe. Take this email I just received from Virgin Atlantic after signing up for their Flying Club frequent flier program. It’s a great example of how a user could be duped into giving up personal information (including, but not necessarily, financial data)… Read More »
I’ve long believed that phishing emails are just the beginning of a new kind of fraud which is likely to be sophisticated and fast moving. Here’s an example of what they might look like, courtesty of a British computer scientist called Jim Ley, written up at the security website Netcraft. Ley, Netcraft says, “has demonstrated… Read More »