The marketplace for phishing toolkits, which can allow technophobe criminals to quickly and easily set up spoofed versions of banking Web sites, is booming, with kits changing hands for as little as US$30.
Software filters that are designed to block access to fraudulent Web sites are largely ineffective at protecting against new attacks, according to security experts.
A San Francisco start-up is promising faster, safer and smarter Web surfing -- but there's a catch.
Educating users to recognise potential phishing scams may no longer be an effective tool because recent attacks were so sophisticated that fraudulent sites are virtually indistinguishable from the original, according to MessageLabs.
Symantec has agreed to acquire privately held WholeSecurity, which makes products to fight phishing scams and detect malicious code attacks.
Just as Internet users learn that clicking on a link in an e-mail purporting to come from their bank is a bad idea, phishers seem to be developing a new tactic -- launch a DDoS attack on the Web site of the company whose customers they are targeting and then send e-mails "explaining" the outage and offering an "alternative" URL.
It took help from three security experts, Citibank's spokesperson, dozens of e-mails and almost a full working day of investigation to confirm that an e-mail I had seen from Citibank was not actually a clever phishing attempt.
Westpac, one of the biggest banks in Australia, experienced multiple hardware failures on Monday and at the end of last week, which caused its online banking service to fall over for hours at a time. What happened to its backup systems?
In three years phishing has transformed from an unknown threat into a multi-million dollar industry; in the next stage of its evolution, phishers will avoid using spam and instead hijack small parts of 'trusted' Web sites in order to bypass anti-phishing tools.
Software filters that are designed to block access to fraudulent Web sites are largely ineffective at protecting against new attacks, according to security experts.
Online fraud scams are increasingly turning their sights to credit unions, according to a new report.
Do you think banks and financial institutions in Australia are doing enough to protect consumers from "phishing expeditions"?
Phishing attacks have increased in quantity and quality over the past two months, according to research published by the Anti-Phishing Working Group on Monday.
In this special report, ZDNet Australia presents a three-part exclusive video interview with Westpac Bank chief information security officer, David Backley, in addition to tips and reviews for businesses to thwart security attacks.
Phishing scams work on an embarrasingly low percentage of users -- but apparently that's enough to keep them profitable.
Microsoft's new Internet Explorer browser is now available -- from Yahoo.
A security start-up is borrowing a technique from the research labs to try to give Internet Explorer PCs relief from Web-based attacks.
If you want a fast, flexible antivirus product that an advanced user can tweak to perfection, NOD32's an excellent choice. But if you're more of a set-it-and-forget-it novice, look elsewhere.
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