funsec mailing list archives

Re: Nordea Sweden shuts Internet banking due to targeted phishing


From: Florian Weimer <fw () deneb enyo de>
Date: Wed, 05 Oct 2005 11:34:02 +0200

* Justin Mason:

- Adam Shostack's _Preserving the Internet Channel Against Phishers_,
  http://www.homeport.org/~adam/phishing.html , in which he gives
  4 simple steps that *will* fix the problem.

What is the problem?  "Phishing" or online fraud?

Adam's approach only changes the nature of online fraud, towards a
more active involvement of the attacker.  It doesn't solve the
underlying problem--criminals who know they can make quite a bit of
money at extremely low risk.
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