Phishing a thing of the past? Don’t bank on it

October 10th, 2008 1 Comment By Paul Smith

fish Phishing a thing of the past? Dont bank on itSo the sky is falling in. Your house is worth as much as a plate of sandwiches. Iceland is about to implode under the weight of sobbing. Wall Street are dealing with the suicidal demise of the global economy by throwing parties. It’s the end of the world, I tells ya. Whatever gods you consider holy, start making your case now.

Not everyone is getting a rum deal though, because the financial chaos means business is up for those in the business of financial chaos. That’s a palindrome, that.

The US Federal Trade Commission has issued a warning saying organised gangs involved in phishing and online scams are using the current crisis to attack personal bank accounts. The statement reads:

Online scammers are taking advantage of tough economic times. While e-mails phishing for sensitive data are nothing new, scammers are taking advantage of upheavals in the financial marketplace to confuse consumers into parting with valuable personal information.

The Federal Trade Commission urges caution regarding e-mails that look as if they come from a financial institution that recently acquired a consumer’s bank, savings and loan, or mortgage. In fact, these messages may be from “phishers” looking to use personal information – account numbers, passwords, Social Security numbers – to run up bills or commit other crimes in a consumer’s name.

Not that it matters. A loaf of bread will shortly cost more than a bar of Nazi gold. Even those rolling naked in money will begin eating one another.

Photo by Jean-François Chénier on Flickr. Some rights reserved.

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