Phishing attacks have led to an estimated US$2.75 billion in losses related to ATM and debit cards over the past 12 months, according to a new Gartner report.
Credit card giant MasterCard announced on Tuesday a new initiative aimed at fighting the growing problem of online fraud, specifically the emerging threat of phishing schemes.
Phishers and spammers are 'jumping on the bandwagon' following the MasterCard security breach.
Security researchers are reporting a new brand of phishing attack that attempts to use stolen consumer data to rip off individual account holders at specific banks.
Symantec is readying a new security product designed to protect consumers as they do business online.
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