Phishing expeditions are multiplying

Monday, 17 May 2004, 3:22 PM EST

More bad news about phishing attacks arrived Friday via message filtering firm SurfControl when it unveiled numbers showing the scams have increased nearly 500% since January.

Phishing attacks are spam messages that pose as legitimate mail from big-name banks, credit-card companies, and retailers. Links within the messages try to entice recipients to visit bogus Web sites, where they're told that their account information needs to be updated. Users who fall for the con divulge personal financial information, as credit-card and bank-account numbers, which is used by the attacker to siphon funds, purchase goods, or steal identities.

By TechWeb News.

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