Friday, August 19, 2005

NEWS: Spear Phishing - a new tool for scammers and eTerrorists?

The Washington Post reports that a new method has been devised by fraudsters to gain sensitive information. Akin to a form of phishing, the target are usually employees and the perpetrator pose as senior execs who would use their false status to gain access to sensitive data. It appears that this new method is much more organised and aimed at specific organisations and tailored to that business. In companies with staff of thousands, the probability of an employee letting the fake senior exec access is not negligible.

Such illegal access method can easily be used by terroists desiring to access valueable or sensitive data. It appears that now more than ever the need to have verified emails or the adoption of digital signatures within organisations.

Online scammers pose as execs in 'spear-phishing'

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