Phishing Scams

Author: Ira
Posted: Mon Oct 04, 2004 9:05 am
Post subject: Spoofing websites


September 29, The Register (UK) — U.S. phishing losses hit $500 million. U.S. consumer losses as a result of phishing scams have reached approximately $500 million, according to a survey conducted by think tank Ponemon Institute. The survey of 1,335 U.S. Internet users found that three in four (76 percent) are seeing an increase in spoofing and phishing incidents and that 35 percent receive fake e−mails at least once a week. Seven out of ten respondents reported that they have unintentionally visited a spoofed website and more than 15 percent of poofed respondents admit to providing sensitive private information including credit card numbers, checking account information and Social Security numbers. More than two percent of all respondents to the survey believe that they experienced a direct monetary loss resulting from a phishing attack. The study was sponsored by TRUSTe, an online privacy non−profit organization and NACHA, an electronic payments association. The Ponemon Institute and TRUSTe presented the survey's findings before the Anti−Phishing Working Group in Washington, DC, on September 28−29. TRUSTe and NACHA are calling for the creation of a consumer education campaign to reduce the impact of phishing.
Source: http://www.theregister.co.uk/2004/09/29/phishing_survey/
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Do not let what you cannot do interfere with what you can do.

Ira