Wednesday, February 20, 2008

Cyberthieves go phishing to rob banks

CNN reports Cyberthieves go phishing to rob banks about the more and more common cyber crime in modern world. Online accounts have become one of the most valuable targets for phishers. They either send fake e-mails from banks to ask for users’ account login confirmation or create a bogus log in webpage to collect personal information like password or security code. The latter is called server setting hijack. Most users are unaware of this danger since regular browsers do not detect bogus log in pages automatically. After the phishers take the user information, they can empty the bank accounts and leave little or no trail for the police or other authorities to investigate. So far, there is no guarantee for 100% security. At least it might be worth to compare our online banking information with the paper record.



Online accounts of banks, wireless services and cable companies make our life easier in some ways. We don’t have to worry about writing a check to catch up deadline of monthly payment or late fee. We just click few bottoms on the webpage and it’s done. However, having access to online bank account from any computers means someone else might find sneaky ways to steal or hijack this information. Banks or cable companies will always assure their customers about the account security. Unfortunately, this is an endless cycle just like computer viruses and antivirus soft wares. Every time new protection has been launched, there will be another new virus. Identity thieves are always lurking around on the internet. Providing credit cards information might be unavoidable, but at least we can avoid providing bank account information online.

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