Identity theft is the fastest growing crime in the UK, according to software company SAS Institute. Peter Dorrington, business solutions manager at SAS Institute UK, told silicon.com: "The internet is making it easier for more people to attempt...
Identity theft has been determined as the fastest-growing financial crime in the United States by the US Department of Justice and the cost of identity theft in Britain is now topping £1bn a year, according to government figures.
The earlier singling out of phishing is not to say it posed any more of a threat than anything else per se, but it was largely a new phenomenon and represented the dawn of a new age of identity theft, supported by growth in the threat of spyware.
But in a world where terrorists use the internet, where organised crime is linked to virus threats, where identity theft is becoming a major problem - and issues around copyright and privacy are going to dominate debate - are we going to have to...
A MessageLabs advisory warned: "2007 will see VoIP become a prime target for phishing attacks whereby spoof phone calls are made to victims to extract their credit card details or steal their identity using third party software.
Data theft is increasingly regarded as the greatest security threat companies face and a high value crime for the bad guys. Sunner added these latest attacks are more sophisticated than other targeted attacks but said the development is in line...