How Not To Get Hooked By A Phishing Scam
Information Security
ISSC361
6/23/2012
Jerry Cade
Internet Security
Internet security is a division of actions aimed at securing information based on computers and in transit between them. In the modern environment the two subjects are intimately linked. Neither computers nor the networks that connect them are inherently secure. Computers were subject to attack before the Internet became a public utility—because illegitimate software hidden on commercial diskettes could be fashioned to load itself on a computer and play havoc with data in memory or placed on a fixed drive. The Internet, by its very nature—initially conceived of as an open network to facilitate free exchange of ideas and information—is vulnerable. According …show more content…
Despite widespread public perception that FTC. How Not to Get Hooked by a ‘Phishing” Scam. June 2004. The Internet is a major contributor to the rise in identity theft, surveys indicate that comparatively few individuals who know how a thief acquired their personally identifiable information (PII) cite the Internet. Some attribute the rise in identity theft instead to carelessness by businesses in handling PII, and by credit issuers that grant credit without proper checks. The Internet may play a role, however. Today, attention is focused on a relatively new scam called “phishing.” Phishing refers to a practice where someone misrepresents their identity or authority in order to induce another person to provide PII over the Internet. Some common phishing scams involve e-mails that purport to be from a financial institution, ISP, or other trusted company claiming that a person’s record has been lost. The e-mail directs the person to a website that mimics the legitimate business’ website and asks the person to enter a credit card number and other PII so the record can be restored. In fact, the e-mail or website is controlled by a third party who is attempting to extract information that will be used in identity theft or other crimes. The FTC issued a consumer alert on phishing in June 2004. Several laws restrict the disclosure of consumer information and require companies to ensure the security and integrity of the data in certain contexts — Section 5 of the Federal Trade Commission Act, the Fair Credit Reporting Act (FCRA), and Title V of the Gramm-Leach-Bliley Act. Congress also has passed several laws specifically related to identity theft: the 1998 Identity Theft and Assumption Deterrence Act; the 2003 Fair and Accurate Credit Transactions (FACT) Act; and the 2004 Identity
ISSC361
6/23/2012
Jerry Cade
Internet Security
Internet security is a division of actions aimed at securing information based on computers and in transit between them. In the modern environment the two subjects are intimately linked. Neither computers nor the networks that connect them are inherently secure. Computers were subject to attack before the Internet became a public utility—because illegitimate software hidden on commercial diskettes could be fashioned to load itself on a computer and play havoc with data in memory or placed on a fixed drive. The Internet, by its very nature—initially conceived of as an open network to facilitate free exchange of ideas and information—is vulnerable. According …show more content…
Despite widespread public perception that FTC. How Not to Get Hooked by a ‘Phishing” Scam. June 2004. The Internet is a major contributor to the rise in identity theft, surveys indicate that comparatively few individuals who know how a thief acquired their personally identifiable information (PII) cite the Internet. Some attribute the rise in identity theft instead to carelessness by businesses in handling PII, and by credit issuers that grant credit without proper checks. The Internet may play a role, however. Today, attention is focused on a relatively new scam called “phishing.” Phishing refers to a practice where someone misrepresents their identity or authority in order to induce another person to provide PII over the Internet. Some common phishing scams involve e-mails that purport to be from a financial institution, ISP, or other trusted company claiming that a person’s record has been lost. The e-mail directs the person to a website that mimics the legitimate business’ website and asks the person to enter a credit card number and other PII so the record can be restored. In fact, the e-mail or website is controlled by a third party who is attempting to extract information that will be used in identity theft or other crimes. The FTC issued a consumer alert on phishing in June 2004. Several laws restrict the disclosure of consumer information and require companies to ensure the security and integrity of the data in certain contexts — Section 5 of the Federal Trade Commission Act, the Fair Credit Reporting Act (FCRA), and Title V of the Gramm-Leach-Bliley Act. Congress also has passed several laws specifically related to identity theft: the 1998 Identity Theft and Assumption Deterrence Act; the 2003 Fair and Accurate Credit Transactions (FACT) Act; and the 2004 Identity