On August 25, 2009
Phishing Sites Threaten Online Commerce
Many of us older citizens remember when ATMs were first introduced. We were glad to take money out of the machine but reluctant to make a deposit to anything other than flesh and blood. Similarly, pioneers of online commerce had to overcome fears by many consumers about sending credit card or bank info over the Internet. In both cases, we came to learn through experience and trust that this stuff actually works with minimal risk. Today that trust is again under attack by the growing number of sophisticated phishing schemes, warns Tyler Moore, a postdoctoral fellow doing research on Internet crime at Harvard’s Center for Research on Computation and Society. “I think if we don’t have trust and are second-guessing…
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