Banks get wise to phishing fraud

Tuesday, 16 May 2006, 1:33 AM EST

"No legitimate bank or e-commerce company is going to send its customers e-mails requesting security information," said Amanda Pires, a spokesperson for PayPal. "Nor is a bank going to send out an e-mail warning that a user's account will be suspended if they do not immediately provide their Social Security Number."

At CIO Today.

[ Read more ]




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