Tag Archives: Transaction authentication number

Another Ratchet Up in the Phishing War

By | August 9, 2005

I must confess I’m not sure how it works, but it seems like an interesting, but potentially flawed, approach in the battle against phishing. German bank PostBank, IDG reports, has launched a new system to combat phishing, extending the existing German practice of using transaction numbers, or TANs: Until now, Postbank customers transferring money from their account to… Read More »

Anti-Phishing Passwords

By | August 2, 2005

An obvious but effective technique against phishing, here: altering each password so it’s tied to the domain name of the site. Then, if you’re trying to sign in to a phishing fake site, the password won’t match and won’t work. Here’s the story from InformationWeek – Stanford Computer Scientists Unveil New Anti-Phishing Software : A pair of Stanford… Read More »

A Honeypot To Catch A Phisher

By | May 20, 2005

Netcraft. the British Internet security consultancy, highlight a new Honeynet Report on Traffic to Phishing Sites, showing that despite months of intensive anti-fraud education efforts by the banking industry a lot of people still click on through to fraudulent phishing sites: The study of phishing scams hosted on cracked web servers from The Honeynet Project documented two recent… Read More »

Phishing Pushes Banking To Impose Transfer Limits

By | May 3, 2005

Internet banking takes another knock with news from AP that Germany’s biggest retail bank Postbank has imposed an online transaction limit . Germany’s biggest retail bank, Postbank, said Monday it was imposing a euro3,000 (US$3,860) limit on online transfers in an effort to protect customers against e-mail “phishing” scams. The bank, which has 11.5 million depositors and is… Read More »

Phishy Behaviour Down Under

By | April 13, 2005

I don’t really need to introduce this piece from Sam Varghese of the Sydney Morning Herald. It touches on a theme I’ve harped on before: How banks still don’t understand phishing and how it has changed consumer attitudes, and how it must change the way banks approach the Internet. Phishy behaviour or harmless spin points to emails sent… Read More »