Feeds

Phishers adapt old scams to exploit bank turmoil

Mergers spawn malicious emails

5 things you didn’t know about cloud backup

Scammers are exploiting meltdown in the banking sector in an attempt to trick users into handing over sensitive financial information.

Phishing emails commonly pose as security checks from a prospective mark's bank. The latest generation of the scam imitates communiques about bank mergers.

US consumer watchdog the Federal Trade Commission warned customers on Thursday not to take the bait. The FTC's alert - Bank Failures, Mergers and Takeovers: A "Phish-erman’s Special" - can be found here.

Although phishing scams have been around for at least five years - if not more - there are still plenty of suckers around to keep the scam profitable, even without considering the extra confusion added by the current banking crisis.

Wachovia ranked second on a list of the banks most targeted by phishing attacks last month, according a rating made by Secure Computing prior to its purchase by Citibank.

more than 20,000 fraudulent phishing websites were established in the first half of 2008, almost trebling (up 180 per cent) the figure from 1H07, according to the latest figures from UK banking association APACS. Online banking losses came in at £21.4m for the first six months of 2008, a big increase from £7.5m last year, which APACS blames largely on phishing and spyware-related scams. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Ice cream headache as black hat hacks sack Dairy Queen
I scream, you scream, we all scream 'DATA BREACH'!
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New Snowden leak: How NSA shared 850-billion-plus metadata records
'Federated search' spaffed info all over Five Eyes chums
Three quarters of South Korea popped in online gaming raids
Records used to plunder game items, sold off to low lifes
Oz fed police in PDF redaction SNAFU
Give us your metadata, we'll publish your data
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.