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 »
Is phishing beginning to take its toll on banks? It’s been my belief for some time that this is, or would be, the case. Banks have seen the Internet as a cash cow and have been over-eager to milk it without realising that it’s not just a way to grab more customers and slice overheads.… Read More »
Interesting piece in yesterday’s Gold Coast Bulletin (no URL available without subscription) about the role of the Russian Mafia, or more specifically, criminal gangs from the former Soviet Union, in Australia. It cites several cases of Denial of Service attacks in retaliation for refusal to pay blackmail or protection money: When Multibet.com CEO Mike Miller… Read More »
A Taiwanese teenager has been arrested for phishing, but don’t expect it to bring an end to the problem. The China Post today reported that the 16-year old, surnamed Wu, who was studying at a south Taiwan junior college, has been charged with forgery and fraud. The paper says it’s Taiwan’s first phishing case: If… Read More »
Here’s one of those moments when you wonder whether banks have yet got on online security. The Melbourne Age, reporting from the birthplace of phishing, reports today that customers of Australia’s Westpac bank are getting flummoxed by the appearance of a new pop-up window on its Internet banking page. The pop-up, according to one user,… Read More »