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… Read More »
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… Read More »
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… Read More »
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… Read More »
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… Read More »