AI

Phishing – why this is not “just another security issue”

Colin Henderson

SUMMARY
Phishing is becoming a serious problem in Financial Services, and will cost the industry $400 million in 2004. But this amount pales in comparison to the credit card fraud with Visa alone at $4Bn pa. However the perpetrators are the same – given the movement to curtail fraud in the card industry, I believe the criminals are hedging their activities to prepare for a big onslaught into the debit card and online banking industry, and phishing is the start.
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Uncategorized

Feds, Private Groups to Educate Consumers About ‘Phishing’ Scams

Colin Henderson

Yahoo! News – Feds, Private Groups to Educate Consumers About ‘Phishing’ Scams

Thu Jun 17, 5:42 PM
By David McGuire, washingtonpost.com Staff Writer
The federal government and some of the nation’s leading consumer organizations and financial institutions today kicked off a campaign to educate consumers about the growing threat posed by “phishing,” a sophisticated form of identity theft conducted via e-mail and conterfeit Web sites.
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Uncategorized

comScore Analysis Reveals Usage of Online Banking and Bill Payment Have Grown Dramatically in the Past Year

Colin Henderson

comScore Analysis Reveals Usage of Online Banking and Bill Payment Have Grown Dramatically in the Past Year

Study Ranks Nation’s Top Banks by Online Adoption, Engagement and Loyalty

RESTON, Va., June 17, 2004 – comScore Networks, industry leader in the measurement and analysis of consumer behavior and attitudes, today released an analysis of the state of online banking in the U.S. comScore found that more than 22 million users logged into accounts at the nation’s top ten banks in the first quarter of 2004, representing growth of 29 percent versus Q1 2003. During this same period, usage of online bank bill payment services has grown by 37 percent.
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Web/Tech

Data Storage Market Revenue Up 3.5 Pct in 1st Quarter

Colin Henderson

Yahoo! News – Data Storage Market Revenue Up 3.5 Pct in 1st Quarter

SAN FRANCISCO (Reuters) – Revenue from worldwide sales of computer-disk storage systems rose 3.5 percent in the first quarter and global sales of external disk storage systems posted year-over-year revenue growth for the third consecutive quarter, market research firm IDC said on Thursday.
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