Something’s ‘Phishy’ Online:
Avoiding the Bait of Online Scams
Toronto, Canada, WSI Press Release May 26, 2005
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Phishing, the practice of luring unsuspecting victims to disclose personal information online, has quickly become the fastest-growing security threat to Internet users. Governments, businesses and individuals worldwide are taking this threat seriously, as are WSI Internet Consultants who are prepared to help their clients avoid falling victim to this and other forms of
online scams. |
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The objective of the phishing scam is to collect sensitive information to commit identity theft and run up bills, empty bank accounts or commit crimes in the victim’s name. Phishers accomplish this by sending emails or pop-up messages under the guise of a legitimate business; banks, online payment services, Internet service providers, even government organizations. Recipients are solicited to submit personal information in order to “validate” or “update” their account
information or face dire consequences.
Phishing is particularly insidious as it exploits Internet-based technology to track the activities of Internet users; identifying the businesses or organizations a particular target deals with, and thereby lending credibility to the scam and increasing the potential that the target will divulge the information desired. Phishers have been known to collect information using dummy-sites developed to fool targeted individuals into believing these
are legitimate sites of trusted businesses or organizations.
To avoid falling victim to this and other online scams, Internet users are being warned to be cautious with whom they do business online and to never transmit sensitive information via email. Emails or pop-up messages that ask for personal information should be deleted, and users should never open attachments or click on links that seem suspicious or are sent from individuals or companies not known to them. Credit card
statements should also be checked as soon as they are received and any dubious charges investigated through the provider. Anti-virus software and firewalls can also protect you from unintentionally accepting phishing emails or pop-ups which often also contain spyware or viruses.
The FTC (Federal Trade Commission) is actively investigating the threat of phishing and Internet Service Providers, led by AOL are working towards preventing this activity online. These organizations
continue to identify and limit the access of Phishers to the online community, instigating legal action when appropriate.
As leading Internet experts serving small- to medium-sized businesses worldwide, WSI is doing its part to protect its clients by continually educating its Internet Consultants on this and other security threats. “We strongly believe that the only way to fully protect yourself is to understand and be able to identify the threats you face so that you can take the
necessary precautions to avoid being victimized,” explains Christopher Booth, WSI’s VP of Enterprise Technology Services. “The information and support we give our Internet Consultants enables them to ensure that their clients are safeguarded from phishing and other Internet-based threats.”
About WSI
WSI, headquartered in Toronto , Canada , is ranked the #1 Internet Services Business in the world and the 4th fastest-growing Franchise in the United States. With systems that have been developed, utilized and proven by over 1000 Internet Consultants in 87 countries worldwide, WSI delivers thousands of e-Business solutions to small and medium-sized businesses annually.
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