Raw Bytes

Computer News

 

KPBX FM 91.1

 

Spokane Public

Radio

 

National Public

Radio Network

 

Frank Delaney

Producer

 

Broadcast on

Thursday Morning

7:35 AM During

Morning Edition

 

Support

Public Radio !

 

The Theater

Of the Mind

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In computer news this week  Thursday, Nov. 4, 2004

 

 

The protection you need on the internet today - Part 5 –

or Don’t surf in shark infested waters ...

 

Most of us today do business transactions on the web. This can be anything from doing actual online banking, to having an Ebay or Paypal or Amazon account. To get on the web you have to have an email account, so you probably have some online communications with your internet service provider, like MSN or Earthlink, AOL, or a local ISP.

 

You get kind of in the habit of having online communications with various services and vendors; sometimes you send them email or go to their website, sometimes they send you email.

 

One day you get an email from a website or vendor you work with regularly saying that your membership information needs to be updated online, or perhaps there’s been a billing error and you need to verify your information.

 

So you click on the weblink that’s in their email, and you go to the website of the vendor you’re used to dealing with,  Ebay or Earthlink or Citibank Bank or whomever, and everything looks normal and official, so you click through the screens verifying your name and password and credit card information, and it thanks you for updating your information.

 

You are totally clueless that you have just given your personal financial information to a hacker who is now going to either go on a spending spree with your credit card information, or sell your information to other crooks.

 

In the shark infested waters of the internet, you have just fallen – hook, line and sinker - for the most dangerous internet fraud in operation today – which is known as Phishing (spelled phishing) or spoofing – fraudulent emails that prey on your honesty and internet surfing habits to get you to give them your secret financial information.

 

What is Phishing? I will read the definition from a website named Antiphishing.org

 


Phishing attacks use 'spoofed' e-mails and fraudulent websites designed to fool recipients into divulging personal financial data such as credit card numbers, account usernames and passwords, social security numbers, etc. By hijacking the trusted brands of well-known banks, online retailers and credit card companies, phishers are able to convince up to 5% of recipients to respond to them.

 

 

There’s an American term called “highway hypnosis”, meaning you get so used to driving on the highway that your senses dull, and sometimes you can fall asleep and have a serious accident. That’s why there’s rumble strips on the road, to make noise if you start to veer off and to awake and warn you.

 

And now in the world of the internet, I might be coining a new term when I talk about Information Superhighway Hypnosis – you get so used to being on the internet that your senses dull, and it’s very easy to fall prey to a fraudulent email asking you to innocently update your personal financial data. But in this case there’s no rumble strips that are going to make noise to warn you ... you have to be aware of these schemes and protect yourself.

 

And next week on Raw Bytes I’ll tell you what you must do to protect yourself from these frauds, and what you can do if you have fallen prey to one.

 

.For Raw Bytes

This is Frank Delaney

(C) 2004 MTA Micro Technology Associates

http://www.mtamicro.com/kpbx.html

PO Box 31522 Spokane, Wa 99223-1522

(509)624-7230

mailto:frank@mtamicro.com