On Wednesday at Black Hat D.C. 2008, two researchers set out to see whether phishing sites were created by the "Einsteinian, ninja hackers that the media makes them out to be".
Security experts at RSA have come across a new tool that automatically creates sophisticated phishing sites, a sign that cybercrooks are getting increasingly professional.
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.
The Australia and New Zealand Banking Group (ANZ) will replace its online banking system later this year in an attempt to improve security and add new functionality.
The threat from phishing attacks is growing as broadband penetration in China increases, say security companies, with the problem being compounded by an alarming increase in the amount of software kits available for download that will facilitate the process.
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