Net Banking Fraudsters Step Up the &#39;Phishing&#39; Scam
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Fraudsters have developed a potent new computer program that steals Internet banking customers&#39; details by duping them into opening up
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Bank of America hit with bogus claims Fraudsters have begun garnishing phishing emails with claims that punters need to respond in order to enrol in the Verified by Visa programme.â¦
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Criminals are increasingly trying to   trick citizens into giving them their bank account details,   according to a survey published on Monday which showed such   "phishing" attempts almost doubled in the first six months.
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Phishing "toolkits" and underground Internet chat rooms are making the economics of online fraud so much in favor of criminals that a continued increase in phishing activity is all but certain. -washingtonpost.com
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Scammers are using fake electronic greetings to lure recipients to malicious sites.
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InfoWorld - Online phishing schemes increased significantly in October as financial institutions struggled to combat attempts to steal private account information from online consumers, according to the Anti-Phishing Working Group (APWG).
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Some websites are now offering surfers the chance to download free &quot;phishing kits&quot; containing all the graphics, web code and text required to construct the kind of bogus sites used in internet phishing scams.
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Your credit card information is coming under more frequent attack on the Internet than ever before. A study by Symantec Corp. says electronic commerce has become the favourite target of computer hackers.
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Phishing scams, already one of the main nemesis on the Net, have apparently just become even more sneaky -- and ingenious. Now, it appears phishing authors are borrowing some time-tested tactics
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Phishing is a growing form of online fraud that blends old-fashioned confidence scams with innovations in technological trickery. In the second part of our two-part series, washingtonpost.com explores how banks, Internet service providers and other online businesses are trying to make e-commerce safe for their customers.-washingtonpost.com
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By Chandra Devi  HOAX and scams are getting bolder these days leveraging on high speed technology to get faster and more results.
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A distributed denial-of-service attack that disrupted Web-based systems at credit card payment processing firm Authorize.NetÂ earlier this week is indicative of a sharp increase in the number of cyberattacks being targeted at specific companies and driven by profit motives on the part of the hackers who launch them.
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It's a case of the professional fraudsters scamming the amateurs with a phishing tools supply site.
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A potent new program circulating on the Internet embeds itself on a user's computer and either overwrites saved bookmarks or redirects the victim from the intended banking site to an authentic-looking fake.
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The banking industry warns customers with online accounts to guard against a new wave of sophisticated cyber-fraud.
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Peers hear losses set to reach Â£45.7m for 2006 UK incidents of phishing scams have grown 8,000 per cent over the last two years, according to the government's financial watchdog authority. Although losses remain modest compared to other forms of financial fraud, banking security experts speaking before the House of Lords science and technology committee are concerned about the growing prevalence of scams designed to trick consumers into handing over online banking credentials.â¦
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Legitimate mortgage lenders inadvertently support--and get tangled in--spam traps.