Thursday, May 27, 2010

Video: Phishing Big Problem with Online Banking in South Africa



Category: Online Banking

Craig Rosewarne, founder of the Information Security Group of Africa (www.isgafrica.org ) & senior manager, Risk Advisory, Deloitte & Touche, has a live discussion with Jeremy Maggs on eNews around cyber crime activity facing major banks in South Africa...


Again, rather than spending millions of dollars "educating" consumers on recognizing what is and what isn't a "phishing" attack, why not simply eliminate the threat posed by phishing altogether?



If banks "required" their customers to go through the same security protocols used when taking out

cash at an ATM, namely, insert

their bank-issued card and enter the bank-issued PIN, then there would be any "information" to "phish" phor.



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