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March 8, 2005

Phishing Via eBay, Citibank, PayPal

Phishing – a rather whimsical word for a lowlife practice – is a constant problem on the Net. Phishing is sending fake emails from eBay, Citibank, PayPal, Washington Mutual and other big name institutions. The purpose: to get you and me to reveal sensitive information that some scumbag can use to steal from us. I get that garbage every day and I know you do too, but I had no idea just how “successful” (from the point of view of the thieves) it is:

* 1.8m consumers have been tricked by phishing attacks into revealing sensitive information

* In just the last six months, phishing emails have increased by 4000 per cent.

* On average, a consumer loses $1200

Here is the best article I've ever read on phishing. We all need to educate ourselves so that we're never a victim.

http://www.theregister.co.uk/2004/11/02/phishing_tabbed_browsers

Posted by SydneyJohnston at March 8, 2005 12:24 PM

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