Phishing Away Your Identity

December 2007
by Reid Goldsborough

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Phishing Away Your Identity

by Reid Goldsborough

You know not to do it. You don’t respond to those emails asking you to update your Social Security number or credit card, bank, or other financial information or verify your password at eBay, PayPal, or other e-commerce Web sites.

You don’t because you know that chances are high that this is a criminal attempt to steal your identity and your money, and you’d have to spend many tedious hours trying to straighten out the mess afterward.

Among the latest phishing attacks are emails that appear to come from the Internal Revenue Service, trying to trick you into revealing the bank you do business with. The criminals then send an email that appears to come from that bank, asking you to log onto the bank’s Web site. But the Web site you’re directed to only looks like your bank’s. It’s actually a bogus site put up by the criminals to get your account data so they can log onto your bank’s real site and clean you out.

People still get suckered into these phishing scams, with the Anti-Phishing Working Group (www.antiphishing.org) receiving an average of about 25,000 reports of such attacks each month. You may think of cybercriminals as o…IBPA Members – Click here to view the full article (login required).

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