Consumers Remain at Great Risk from Spamming and Phishing

Consumers who doubt their own ability to avoid ID theft from bad e-mail will not get much solace from Blue Security’s survey results on how hackers are mining e-mail addresses and passwords, Jack Germain reported for E-commerce Times.

Spam-fighting strategies used by ISPs and consumers might be turning the tide against unwanted e-mail. However, innovative phishing scams continue to target both corporate users and consumers. The two newest phishing attack scenarios involve registration attacks and password reminder attacks.

Users of file-sharing networks are particularly vulnerable to attacks, a new industry analysis warns.

The industry is readying plans to give consumers the confidence they need in avoiding phishing, by working on standards for an e-mail authentication system. However, public awareness and education about basic of safe email practice, detecting fraudulent phishing e-mail and avoiding spyware is required especially for financial account holder.

Full story at E-commerce Times.

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