Catch of the Day : e-Payments Attacks. Pago Electrónico :: e-Payment

Catch of the Day : e-Payments Attacks


Fecha Viernes, septiembre 17 @ 17:49:45
Tema Pago Electrónico :: e-Payment


Of the 1,974 unique phishing attacks in July, these companies were hardest hit. Financial services companies consistently endure at least 75% of the blows, though Ebay, PayPal and Amazon are the most frequently targeted online retailers.

Citibank (682 unique attacks) U.S. Bank (622) Ebay (255) PayPal (147) AOL (41) Suntrust (25) Lloyds (23) Fleet (20) Barclays (17) EarthLink (15)

Where are the cops? Why can't these electronic shoplifters be stopped? One reason is that the online commerce industry is loath to install safeguards that would add friction to the lucrative wheels of online commerce.

It would be possible, for example, to demand passwords or PINs for all credit card transactions, but that might discourage people from shopping; it would be possible to make it hard to order delivery to any address other than the billing address for a card, but that would inhibit gift-senders.

Another problem: There is scant incentive for victims like Citigroup and AOL to share leads on criminal activity either with one another or with the FBI. It is cheaper to block a stolen card and move on than to invest time and money on a prosecution. And then the consumers have to take some of the blame. There wouldn't be much phishing if they didn't take the bait.

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