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THE TECHNO CLUB [ TECHNOWORLDINC.COM ] => Techno News => Topic started by: Mark David on August 06, 2007, 02:34:15 PM



Title: Criminal Gangs Behind Phishing Scams - Christopher S. Rugaber, News Factor
Post by: Mark David on August 06, 2007, 02:34:15 PM
Criminal Gangs Behind Phishing Scams - Christopher S. Rugaber, News Factor

Phishing scams are popular among identity thieves, with the number of phishing Web sites jumping to 37,438 in May, more than triple the 11,976 reported in May 2006. Phishing can carry significant economic costs for the victims and rewards for the perpetrators. Consumers lost an estimated $630 million to phishing scams in the previous two years. The federal agency charged with protecting consumers from Internet scams now finds itself wrapped up in one. Identity thieves have sent thousands of bogus e-mails purporting to be from the Federal Trade Commission -- as well as the Internal Revenue Service and Justice Department -- in an attempt to trick consumers into divulging personal financial information.

Read More.. (http://www.newsfactor.com/story.xhtml?story_id=1320048XIJV0)