The ANZ, Commonwealth, Westpac and National Australia Bank have been particularly targeted by so-called phishing scams, which attempt to secure users' online banking details through a combination of fraudulent emails and websites.
According to AOL, five per cent of UK surfers claim to have fallen victim to any kind of online fraud - from phishing scams, fake domain registry renewals and 'Nigerian 419' scams to phoney online auction lots.
An unpatched vulnerability in Internet Explorer could aid fraudsters in pulling off phishing scams, experts have warned. This tactic could be used in phishing scams that attempt to trick people into believing they are on a legitimate site, when in...
Losses from this type of fraud doubled in 2005, hitting £23.2m, due to the rise in email phishing scams. A spokesman for Apacs, the banking industry body, told silicon.com: "If you are a victim of phishing, for example, in this country you are...
Another way could be to promote online account monitoring and advanced protection against phishing scams that seek to trick people into giving up account details, the research company said. Most banks do especially well in resolving identity fraud...
The UK Threat Assessment of Serious Organised Crime pinpoints a surge in attempts to hijack bank accounts using email phishing and key logging malware.silicon.com's e-Crime Crackdown campaign is calling for a national UK cyber crime police unit.