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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The research presented in this paper was assembled to demonstrate the relationship between phishers and defacers, using the domains and timestamps in which phishing and defacement websites were reported.
victims await the phishers hook to make the criminals' pay-days extremely
Allow phishers to use stolen username and password without any hassle.
Symantec warns if users have entered their personal data, phishers can gain access to confidential information.
Phishers play a high website volume game, wherein they constantly keep creating and deactivating fake website one after the other.
Phishers mimicked the logo displayed by the legitimate brand to help fraudulent sites to look authentic.
Unbeknown to the phishers, the author of the kit has programmed a back door into the kit which allows him to harvest all the credentials collected by the various phishers using it.
Phishers targeting UAE residents is not a new phenomenon however.
You need also to realise that phishers are not above playing the charity card to get your money.
revealed a website created by a group based in Morocco, operating under the moniker "Mr-Brain," that appears to provide scripts to help other phishers commit their crimes, but it actually sends any information collected back to Mr-Brain for its own use.
According to the company, the popularity of social networking sites, such as Facebook and MySpace, will help spear phishers find targets for identity fraud.
Phishing e-mails dip on the weekends and rebound on Tuesdays, Symantec observes, suggesting that phishers operate during standard workdays.