Customers of large big banks, beware. You might be surfing the Web with a bull’s-eye on your browser. That’s because Internet scam artists have targeted the customers of large financial institutions for their nefarious efforts. The technique used by the grifters is a cyberspace version of the old bait-and-switch tactic that in the Internet age could be called the “phish and spoof.” Phishing entails sending bogus messages purportedly from a legitimate institution to pry personal information from customers by convincing them to go to a “spoof” Web site.
I personally believe that the big banks should have stuck with the Integrion consortium. When they banded together, they leveraged Big Blue. They could have likely seen this one coming and added some layer of prevention. By splitting off, they saved money, I am sure. However, I believe now we are seeing evidence of what that "strength in numbers" was really worth. -------------------------------------------------- Ross Emerton Tellangon Associates, Ltd.
Loading ...
Big Bank Customers Targeted by Internet Scammers
Posted by: John P. Mello Jr. December 16, 2003 08:18 AMCustomers of large big banks, beware. You might be surfing the Web with a bull’s-eye on your browser. That’s because Internet scam artists have targeted the customers of large financial institutions for their nefarious efforts. The technique used by the grifters is a cyberspace version of the old bait-and-switch tactic that in the Internet age could be called the “phish and spoof.” Phishing entails sending bogus messages purportedly from a legitimate institution to pry personal information from customers by convincing them to go to a “spoof” Web site.
--------------------------------------------------
Ross Emerton
Tellangon Associates, Ltd.