I was just reading the new publication put out by the U.S. Financial and Banking Information Infrastructure Committee and the Financial Services Sector Coordinating Council on “Lessons Learned by Consumers, Financial Sector Firms, and Government Agencies during the Recent Rise of Phishing Attacks” (PDF here, page on Treasury website here). A rather wordy title for… Read More »
Australian Daniel McNamara, who runs the hugely informative anti-phishing website Code Fish Spam Watch says he was today the victim of an attack on his website and his character, by a phishing email. The email, spammed all around, pretends to be from him and says, Dear Online Banking User, You should be heard about such called… Read More »
Who is behind this latest crop of viruses, and variants on viruses? Mi2g, a London-based technology security company, reckon that MyDoom and Bagle ”is not the activity of hobbyists but organised criminals” and that Doomjuice.a, which carried the source code of MyDoom.a was “clearly written by the same perpetrators” with the motive of covering their tracks.… Read More »
Phishing is beginning to bite. British police at a high-tech crime congress (noted by USC Annenberg Online Journalism Review) say that 83% of Britain’s 201 largest companies reported experiencing some form of cybercrime. The damage has cost them more than £195 million ($368 million) from downtime, lost productivity and perceived damage to their brand or… Read More »
Could phishing kill off online banking? Probably not, but it’s likely to force greater regulation by central banks and others which will, reckon British-based Internet security consultants mi2g, mean “the next generation of electronic banking may have to rely on deeper layers of authentication that couple passwords with biometric security and smart card authentication.” Mi2g estimate… Read More »