New Phishing Tactic Leads to Calls for Stronger Safeguards
Posted by WishX on 27 July 2004 - 01:18 · 4 comments & 364 views
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#1 Posted by Sn1p3t on 27 Jul 2004 - 01:23
- The worst part is most AOL users will fall for this
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(1 reply)
#2 Posted by ThePDW on 27 Jul 2004 - 07:00
- People still subscribe to AOL?
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#3 Posted by kravex on 27 Jul 2004 - 10:34
- Jess, its simple,
NO COMPANY EVER ASKS FOR YOUR USERNAME AND PASSWORD!!!
The latest phishing tactic, which spread widely across the Net over several days, was the first phishing ploy to use a combination of IM and e-mail as a lure, according to the Anti-Phishing Working Group, of Redwood City, Calif. The fraudulent scheme warns that "AOL billing information is out of date" and links to a fake site that displays the legitimate AOL URL, hiding the fake site's URL.
The increasingly insidious methods of online fraud suggest to some in the policy arena and in industry that much stronger tools are needed than those provided by the Identity Theft Penalty Enhancement Act signed into law July 15. The new law creates tough punishments for stealing IDs in conjunction with committing another crime (such as stealing money), but it does not make the process of phishing itself a crime and does not establish new safeguards for online transactions.
Previously, music purchased through RealNetworks' music download services could most easily be played on devices that supported its copyright protection technology. By the same token, the easiest way to get digital music onto the iPod player was through Apple's iTunes Music Store, which uses its own system. The same held true for devices that supported Microsoft's Windows Media Player anti-piracy technology.
Microsoft said it could not immediately comment on the system.