E-mail fraud takes a new twist

Wednesday, 6 August 2003, 9:49 AM EST

There's a new Internet fraud scheme you can add to your list: phishing.

In what the FBI calls "the hottest and most troubling new scam on the Internet," criminals are sending out millions of fake e-mails to trick online consumers into divulging personal and financial information.

The e-mails look legitimate and appear to come from some of the Web's biggest sites, including eBay, PayPal, MSN, Yahoo and America Online, and big-name banks and retailers.

In fact, tech-savvy criminals are collecting the information to commit credit-card fraud, identity theft and even unauthorized bank account transfers from unsuspecting consumers.

The problem has mushroomed this summer, prompting a warning recently from the Federal Trade Commission and FBI for consumers to beware of criminals fishing for personal identification and financial information.

[ Read more ]

Related items




Spotlight

What IT skills are in demand?

IT security tops the list of skills that teams need most, and one out of five reported having difficulty finding skilled talent for cloud initiatives. Companies are also looking for pros who have skills in network engineering, systems engineering, IT architecture and network operations.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Apr 17th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //