Feeds

Tech industry puts phish on diet

Anti-ID theft initiative

  • alert
  • submit to reddit

Boost IT visibility and business value

Microsoft, eBay and Visa have formed the Phish Report Network to better protect consumers against identity theft attacks.

Phishing attacks are usually based on scam emails that try to trick users into handing over their account details and passwords to bogus sites. The collected details are used for credit card fraud and identity theft. The network will collect and share information about these attacks with its members, and issue alerts when new attacks emerge, the companies said.

To report a phishing attack, an organisation must subscribe to the network as a "sender", before submitting details about their experience. The idea is that this information will build into a database, operated by WholeSecurity, that the so-called "receivers", usually ISPs, webhosts or spam blockers, can use to put better defences in place. Ultimately this will lead to better protection for consumers, according to the Phish Report Network.

The Anti-Phishing Work Group says that phishing activity is continuing to rise. It reported a 24 per cent month-on-month rise in attacks between August and December 2004, with a ten per cent increase in December alone. It said 1,700 phishing sites were reported as active at the end of last year.

The Phish Report Network press release is here. ®

Related stories

Beware the unexpected attack vector
Banking Trojan disables MS Anti-Spyware
Florida man sues bank over $90K wire fraud

Maximizing your infrastructure through virtualization

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.