First Nigerian email scammer jailed

Hong Kong has done its bit to crack down on Nigerian e-mail fraud, jailing its first Nigerian scammer : Hong Kong has successfully prosecuted its first Nigerian email scammer. A 30-year-old Nigerian man was jailed four years today for a US$26 million scam, in which he was convicted at the District Court of attempting to … Read more

Putting Phishers In The Banking Frame

Phishers are smart, and banks are dumb. At least, it seems that way. Here’s another example of what’s called a cross site scripting vulnerability attack, which basically lures the victim to what seems, both in the phishing email and in the website it links to, to be a genuine website belonging to Charter One Bank. … Read more

A Glimpse Of The Internet Banking Future?

One bank in my town has stopped offering Internet banking, and suddenly I feel I can see the future post-phishing. Of course, the bank is not saying it’s abandoning Internet banking. Nor is it saying that the fact that now customers have to dial into a modem in the bank to access their account is … Read more

The Grim Reality Of The Phishers

Good piece in this month’s US Banker magazine on phishing. Some tidbits: Phishing is getting more and more sophisticated. I’ve detailed some of those tricks in this blog, but here’s one I hadn’t heard of: Crooks [the unfortunately named Ted Crooks, vp of identity protection solutions at Fair Isaac] says that “the level of cleverness … Read more

A New Phish?

Not sure if this is new but I’ve not seen it before: A clever new piece of social engineering in a phishing email. You have added phoneseller@yahoo.com as a new email address for your PayPal account. If you did not authorize this change or if you need assistance with your account, please contact PayPal customer … Read more