What is phishing and example of website for organised phising?

What is Phishing?

Phishing is the act of sending an email to a user falsely claiming to be an established legitimate enterprise in an attempt to scam the user into surrendering private information that will be used for identity theft. The email directs the user to visit a website where they are asked to update personal information such as password, national insurance number and bank accounting details. The email may further suggest that the information is necessary to prevent the account from being suspended.



With this information the fraudster can do a number of things that include stealing the identity of the person who provided the information in the first place to undertaking attacks on that persons bank account.



The email is sent to a large group of people, seeking out account users. The scam relies on the contents of the email request being adhered to by the account users and the details provided.



A recent survey revealed that between January 2004 and June 2004, 1.5 million phishing e-mails were sent out. More than a quarter of a million were sent in the month of June alone.



The number of active phishing sites reported in November 2004 was 1518. The average monthly growth in phishing sites from July 2004 to November 2004 is 28%.



It is worthy of note that 5% of recipients respond to spam emails. As a result of a response, a new identity is created using the details provided and fraud is committed on the new identity.



The use of the phishing medium as a money laundering tool appears to be emerging, where volumes of compromised user data is sold to crime groups who aggregate the stolen funds into centralised false accounts by a principal organiser or “dump leader”. The use of false employment websites, encouraging users to sign up and provide their banking facilities to forward money to other accounts for a 20% administration fee has also been revealed.What is phishing and example of website for organised phising?
Phishing is stealing account and personal info from another computer which is illegal.What is phishing and example of website for organised phising?
In computing, phishing is a form of criminal activity using social engineering techniques. It is characterized by attempts to fraudulently acquire sensitive information, such as passwords and credit card details, by masquerading as a trustworthy person or business in an apparently official electronic communication. Phishing is typically carried out using email or an instant message, though it has more recently exploited fax. The term phishing derives from password harvesting and the use of increasingly sophisticated lures to "fish" for users' financial information and passwords.



With the growing number of reported phishing incidents, additional methods of protection are needed. Attempts include legislation, user training, and technical measures.What is phishing and example of website for organised phising?
Here is a simple video explaining it.



http://www.ictgcse.com/sub_pod/vid/phish…
phishing is one of a number of threats you face - in this case getting your personal details stolen see these articles for more info generally



http://www.spam-solution.net/sitemay.php