Tuesday, October 13, 2009

FBI Director Swears Off Online Banking after Nearly Getting Phried



You Can Fool Some of the People Some of the Time...but the FBI Director? 



In an article from eWeek, FBI Director Robert Mueller states he has "given up"...in fact, "sworn off" online banking after nearly falling victim to a phishing attack. 



I counter with this:  Phishing remains an extensive threat, but even if you were to throw that threat out of the window, the real bad-boys here are online banking Trojans.  Especially ones like Zeus and Clampi which bypass up-to-date anti-virus programs and sit in the wings waiting for you to visit one of 4500 financial institution website's where they kick into gear, steal your online banking authentication credentials, steal money and, in the case of the Trojan urlZone, change online banking statements to reflect your money is still in the bank.  Now that's scary! 



Question: When the FBI director "swears off" online banking,  it's not exactly a ringing endorsement for the security being provided by the online banking industry, is it?  




Thank goodness there's a better way.  HomeATM Eliminates Phishing by Eliminating Typing.  What's there to phish for if there's no phish to see?  We create an empty net by encrypting the data inside the box.  Same with online banking Trojans.  If there's no data to mine, what good would data-mining do?  Swipe, Encrypt,  Transmit.  







FBI Director Nearly Hooked in Phishing Scam, Swears Off Online Banking

In a speech in San Francisco, FBI Director Robert Mueller confessed he has given up online banking after nearly falling victim to a phishing attack. His remarks came the same day authorities in Egypt and the U.S. charged 100 people in an international phishing ring that was targeting American banks.



FBI Director Robert Mueller has apparently sworn off online banking after nearly falling victim to a phishing attack.



During a speech Oct. 7 at the Commonwealth Club of California in San Francisco, Mueller recounted being “just a few clicks away from falling into a classic Internet phishing scheme.”



A transcript of the speech is posted here. In it, Mueller notes that the phishing e-mail that almost tricked him looked “pretty legitimate.”



"They had mimicked the e-mails that the bank would ordinarily send out to its customers; they'd mimicked them very well,” he said.



Continue Reading a eWeek












Reblog this post [with Zemanta]

Disqus for ePayment News