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Identity Theft Protection – All About Phishing Posted By: li baocai

By admin • February 9th, 2010

You’ve just received an e-mail from your bank warning you that someone tried to withdraw money from your account. To retain access to your account, the message instructs you to go to the bank’s web site and verify your personal information. There’s even a convenient link right inside the e-mail that will take you directly to the bank’s login page. Surprised (and maybe a little scared), you click the link, go to the web site, and verify your name, date of birth, and Social Security number. Now everything’s fixed, right?

Wrong. You just gave your personal information to an identity thief.

The scam known as “phishing” has been around for decades, but it has really flourished on the Internet. Phishing got its name because of the technique involved: an identity thief puts out “bait” (in the previous example, a legitimate-looking e-mail and web site) in the hopes of hooking their victim’s personal information. Most phishing e-mails impersonate financial or government services. Online giants such as Ebay and PayPal are frequent targets of such attacks. The majority of phishing attempts fail, but there are just enough big catches to keep phishers in business.

 

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