Friday, November 7, 2008
Phishing scams
are proving an added burden to an already troubled Wall Street, one website has claimed.
According to the Street, the number of spam emails sent in pursuance of identity theft and fraud has hit record highs since the market collapse witnessed in September.
In particular, criminals have attempted to capitalize on the economic woes by targeting customers at Bank of America, Wachovia and Citibank.
To protect individuals and organizations against phishing scams, the website advises treating any message which asks for personal information with suspicion.
"If the request looks sufficiently official - you are addressed by name and the logo looks legitimate, for example - double check with your banking or lending institution," it continues.
Meanwhile, the Canadian arm of the Better Business Bureau has warned that customers are being targeted in a phishing scam which attempts to lure people into downloading a trojan.
Steve Cox, BBB spokesperson, advised customers not to click on any links contained within suspicious looking emails.
Related News:
Researchers: banks need better security - 12.22.2008
Thanks to an earlier Trojan attack on Firefox users that attempted to steal online-banking passwords, some are suggesting financial institutions such as Bank of America and Chase need a more security on their websites.
IT executive allegedly stole customer account information - 12.2.2008
A vice president of a Canadian direct marketing firm was recently accused of stealing a computer backup tape containing information on approximately 3.2 million customers.
Worst day to online shop is?today - 12.1.2008
Thanks to a weakening economy and the public's new-found desire to save money this holiday season, cyber criminals are in full force with malicious content aimed at consumers.
Identity management boring but important - 11.21.2008
It is important that businesses do not neglect their identity management frameworks during the economic downturn, Dark Reading has warned.
Cybercrime is a geopolitical issue - 11.14.2008
As cybercrime has become ever more lucrative, hacking has taken on a geopolitical dimension, SC Magazine has claimed.
