Computer Crime Research Center


Phishing spreading

Date: June 21, 2004
Source: Computer Crime Research Center
By: Dmitri Kramarenko

Phishing is a dangerous kind of internet-fraud, theft of personal data, credit card numbers, passwords, etc.

Even illegal operations using PIN codes, as a rule, are eligible and the blame lays on the card owner; that makes this kind of scam the most dangerous.

According to Gartner Group, about 57 million of Americans received a "phishing" attack e-mail within the past year, and half of those who responded became victims of identity theft. Scales of the problem grow rapidly, Gartber says 76% of all "phishing" attacks for the last 6 months were conducted during last April.

A number of huge organizations and banks ABN AMRO Bank, AT&T Wireless Services, Best Buy, Charles Schwab, E*Trade Financial, HSBC Holdings, Royal Bank of Scotland Group, Siebel Systems and Target, IBM, Fidelity Investments and Tenet Healthcar create a consortium "Trusted Electronic Communications Forum" to counteract to this kind of fraud. Forum's members plan to jointly test and introduce technical standards to protect from phishing.

At the time, e-mail security company Tumbleweed Communications, which runs the Anti-Phishing Working Group, noted that such attacks were up 400 percent during the holiday season. Since then, the problem has gotten worse.
Dave Jevans, chairman of the Anti-Phishing Working Group, told the E-Commerce Times that he is not surprised by Gartner's numbers because they are consistent with those seen by the working group as well.

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2004-11-15 15:54:46 - phish he he he he james
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