funsec mailing list archives

RE: The solution to Phishing


From: "Henderson, Dennis K." <Dennis.Henderson () umb com>
Date: Tue, 25 Oct 2005 10:19:47 -0500

A respected member wrote:


A very small effect indeed; a mortgage isn't something that you can 
draw cash out from, so why would a phisher phish a mortgage 
account? I 
find it hard to see how a phisher would damage you by paying 
off all or 
some of your mortgage. I suppose one could call this "reverse 
phishing"; people discovering your account details so that 
they can give you money.


In the US(and proibably elsewhere) there is a program called a HELOC.
Home Equity Line of Credit.

Its likely that some bank will eventually offer the ability to
auto-billpay using your HELOC account if they havent already..

At that point, money becomes available to pilfer..



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