Con artists go 'phishing' for personal information

Tuesday, 10 February 2004, 11:34 AM EST

Last month, thousands of Internet users got an urgent message: Update your bank account information now or your federal deposit insurance may lapse.

The message was accompanied by a link to what looked like the official site for the Federal Deposit Insurance Corp., which insures bank deposits for as much as $100,000. But the real FDIC had nothing to do with the site, which asked depositors to divulge private information.

The FDIC scam is just one example of "phishing" -- computer-geek slang for a con that aims to lure consumers into providing bank or credit card information so the swindler can run up bills or clean out the victim's bank account.

By Kathy Kristof at The Star Telegram.

[ Read more ]

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