DAMAGE CAUSED BY PHISHING
Phishing—common method of online identity theft
and virus spreading
Carried by email spoofing or instant messaging
Online payment processors
Described in a paper presentation delivered to
International HP Users Group
Used in Hacking tool AOHELL
Believed that it is created by mid 1990’s spammer
Khan C Smith
Chinese phishing campaign targeting US officials
The damage caused by phishing ranges from denial of
access to e-mail to substantial financial loss.
Approximately 1.2 million computer users in the
United States suffered losses caused by phishing.
United Kingdom losses from phishing fraud
The process of preventing phishing is called anti
There are several techniques of anti phishing
In this technique emphasis is on training people to
recognize the phishing attempts.
In June 2004 a military academy in new jersey was
tested for awareness about phishing.
This technique emphasizes on:
Who is the authority
USA Anti Phishing Act -2005
UK Fraud Act -2006
Partnership between Microsoft and Australian
Companies efforts to crack down phishing
Phishers are targeting the customers of banks and
online payment services.
In late 2006 a computer worm took over pages on
MySpace and altered links
The Rapid Sharefile sharing site has been targeted by
phishing to obtain a premium account.
The Phishing Guide: Understanding and Preventing