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May 16, 2005

New Phishing Attack Uses Real ID Hooks

Look out! A new breed of phishing attack is on the loose, trying to use stolen consumer data to rip off individual account holders at specific banks.

This more sophisticated form of phishing threat forsakes the mass-targeting approach traditionally used in the fraud schemes in favor of taking aim at individual consumers. The list includes some of the largest financial-services companies in the nation.

According to an article that appeared in CNET, the phishing e-mails arrive at bank customers' in-boxes featuring accurate account information, including the customer's name, e-mail address and full account number. The messages are crafted to appear as if they have been sent by the banks in order to verify other account information, such as an ATM personal-identification number or a credit card CVD code, a series of digits printed on the back of most cards as an extra form of identification.

Phishing is a form of online fraud that has exploded in frequency over the last several years. Typically using large-volume e-mail campaigns, phishers try to trick people into sharing personal information that the thieves then sell or use to commit identity theft. The new breed of attack, however, could have a higher success rate because the e-mails present unsuspecting recipients with accurate information in a document that looks like legitimate bank correspondence.

 

May 16, 2005 in Spyware | Permalink

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Comments

I want to have a filter by passer.
Many thanks to you.

Posted by: parsa | Nov 6, 2007 2:55:39 PM

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