Security experts at RSA have come across a new tool that automatically creates sophisticated phishing sites, a sign that cybercrooks are getting increasingly professional.
There was a spike in phishing activity last month, with fraudsters targeting an increasing number of brands and using more sophisticated tools to try and fool online banking customers, according to the RSA Online Fraud Intelligence Report for November.
Microsoft has quietly flipped the switch on a new feature in its Internet Explorer 7 Web browser meant to combat phishing (fraudulent Web site) scams.
New Zealand's ASB Bank is implementing a new authentication system that uses SMS messaging to reduce the potential for mass Internet banking fraud.
It's becoming cheaper and easier to get hold of the tools needed to launch a cybercrime attack, security firm RSA claimed last week.
Verification gadgets range from tokens to mobile-phone-based systems, but cost keeps them from catching on.
New political and technological circumstances dictate the creation of a more complete system of information sharing which can inevitably protect individuals.
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