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Internet Security
Phishing has become a huge growth industry for identity-theft scammers. In a recent report, the Anti-Phishing Working Group estimated that more than 2,600 active "phishing" sites exist on the Internet - all aimed at conning people into divulging sensitive financial information. That number, frighteningly, is growing rapidly.
Report Phishing
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What is phishing, and why should banks worry about it?
Phishers send thousands of counterfeit e-mail messages designed to look like they are from a reputable business, frequently a bank. Recent victims include some of the biggest and best-known banks in the country. The e-mails typically warn recipients about a possible security breach and ask them to "confirm" account data. Unsuspecting people who respond are directed to one of the aforementioned phishing sites, where their financial information is collected -- and then used to loot their accounts. More >>>
As part of its continuing commitment to educate the marketplace, ABA is providing you with internal and external resources that will help you spot and report suspected phishing activity.
ABA's technology newsletter, eAlert, has been highlighting the phishing threat for several months in many of its issues. Below you will find links to it and other anti-phishing sites. Protect yourself from getting fried by phishers!
The ABA will continue to follow this issue closely.
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Questions? Please contact Doug Johnson for more information.
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