The Critical 'I'

Read. React. Repeat.

Friday, May 07, 2004

WACHOVIA'S PHISHING TRIP
Phishing, hand in hand with spamming, is pretty much killing off the facility of email. According to Gartner, the level of phishing took a sharp increase last year as more and more people got hooked.

A phished scam-mail, showing a seemingly legitimate or familiar sender's address, serves to lull less sophisticated users to fall for it. Normally, avoiding these scams is a matter of common sense, along similar lines as avoiding virus infections. Generally, you should know that legitimate businesses will never ask for things like account passwords to be transmitted by something so insecure as email.

Of course, that rule of thumb flies out the window when a giant company like Wachovia, which should know better, sends out a customer email alert that looks for all the world like a phishing scam.