AplusWebMaster
Topic Starter
FYI…
- http://tinyurl.com/crka4
Nov 8, 2005
"Even as banks and regulators step up efforts to thwart identity theft over the Internet, the worry that fraudsters remain one step ahead is convincing many Americans that banking online is too risky. At an identity theft forum in New York on Tuesday, security and policy experts said banks are taking appropriate steps to stop online criminals, but that their best efforts – and consumers' own vigilance – may not be enough. "Consumers can do everything right – not give out passwords or financial information – and still become victims," said Susanna Montezemolo, a policy analyst at Consumers Union, in an interview. An October survey commissioned by Internet security company Entrust Inc. and released at the forum found that 18 percent of Americans who have banked online now do so less, or not at all, because of security concerns. Ninety-four percent say they're willing to accept extra online security protections. The survey was conducted around the time the Federal Financial Institutions Examination Council ordered banks to tighten online access by late 2006…
Some 10 million Americans are ID theft victims each year, the Federal Trade Commission estimates.
Congress is considering national standards to fight ID theft. Michael Oxley (R-Ohio), chairman of the House Financial Services Committee, said victims of ID theft spend an average 90 hours and $1,700 resolving the problem. Perhaps the best known form of online theft is "phishing." This is where criminals send e-mails asking prospective victims to verify personal information through links to real-looking Web sites. There were 13,776 distinct phishing attacks in August, according to the Anti-Phishing Working Group. Fraudsters soon graduated to spyware and keylogging, where they monitor prospective victims' Web use and keystrokes…"
- http://tinyurl.com/crka4
Nov 8, 2005
"Even as banks and regulators step up efforts to thwart identity theft over the Internet, the worry that fraudsters remain one step ahead is convincing many Americans that banking online is too risky. At an identity theft forum in New York on Tuesday, security and policy experts said banks are taking appropriate steps to stop online criminals, but that their best efforts – and consumers' own vigilance – may not be enough. "Consumers can do everything right – not give out passwords or financial information – and still become victims," said Susanna Montezemolo, a policy analyst at Consumers Union, in an interview. An October survey commissioned by Internet security company Entrust Inc. and released at the forum found that 18 percent of Americans who have banked online now do so less, or not at all, because of security concerns. Ninety-four percent say they're willing to accept extra online security protections. The survey was conducted around the time the Federal Financial Institutions Examination Council ordered banks to tighten online access by late 2006…
Some 10 million Americans are ID theft victims each year, the Federal Trade Commission estimates.
Congress is considering national standards to fight ID theft. Michael Oxley (R-Ohio), chairman of the House Financial Services Committee, said victims of ID theft spend an average 90 hours and $1,700 resolving the problem. Perhaps the best known form of online theft is "phishing." This is where criminals send e-mails asking prospective victims to verify personal information through links to real-looking Web sites. There were 13,776 distinct phishing attacks in August, according to the Anti-Phishing Working Group. Fraudsters soon graduated to spyware and keylogging, where they monitor prospective victims' Web use and keystrokes…"
