Phishing

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Phishing

The illegal practice of attempting to steal an identity by setting up a website and encouraging people to input credit card or other personal information. Phishing often purports to present a legitimate web business and asks the "customer" to give personal information in order to receive fictitious products. Alternatively, phishing may involve a criminal sending out e-mail purporting to be from a bank or credit card company asking for information as part of an "urgent" request. Phishers then steal the identity directly or sell to another party for illegal purposes.

Phishing.

Phishing is one way that identity thieves use the Internet to retrieve your personal information, such as passwords and account numbers.

The thieves' techniques include sending hoax emails claiming to originate from legitimate businesses and establishing phony websites designed to capture your personal information.

For example, you may receive an urgent email claiming to come from your bank and directing you to a website where you're asked to update or verify your account number or password. By responding you give identity thieves an opportunity to steal your confidential information.

Phishing is difficult to detect because the fraudulent emails and websites are often indistinguishable from legitimate ones and the perpetrators change identities regularly.

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References in periodicals archive ?
Police on Friday arrested a 53-year-old man in central Japan's Aichi Prefecture who opened a bank account to which money was transferred illegally from the account of a Sumitomo Mitsui online banking customer in a phishing scam.
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Bank Windhoek will continue to create awareness on phishing scams to protect our clients from becoming victims," the bank said in a statement.
Phishing scams are crude social engineering tools designed to induce panic in the reader.
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If you fall victim to a phishing scam, act immediately to protect yourself by alerting your financial institution, placing fraud alerts on your credit files, and monitoring your account statements closely.
When a user tries to visit a site identified as a phishing scam, the toolbar contacts EarthLink's servers to check the site is still considered an active scam.
Liberty Tax is alerting taxpayers about the latest online phishing scam involving deceptive e-mails that appear to be sent from the IRS.
You're More Likely to Fall for a Phishing Scam If You're a Neurotic Woman--Study.
If you receive a suspect email: DO NOT click on any links in the scam email; DO NOT supply any personal information of any kind; DO NOT reply to the email or attempt to contact the senders; DO NOT supply any information on the bogus website that may appear in your browser if you have clicked a link in the email; DO NOT open any attachments that arrive with the email; REPORT the phishing scam to your service provider and change your password immediately; DELETE the email from your computer as soon as possible.
The Bank of Israel has issued a warning on a phishing scam.
In the case of the current phishing scam, the hoax e-mail appears to the recipient to be coming from an employee of the organisation (bank) and coerces the recipient into clicking on a website link.