Online banking fraud ‘up 8,000%’

Full report over @ beeb but is google msn etc.. Going to do anything about it ?

Most fraud is via phishing email so google/msn can’t do anything about that but serp warning and toolbar would be great 😀

 IE7 now has a phishing site alerts which is a step in the right direction..

 This quote is one of the most BS

Rob Gruppetta, of the FSA’s financial crime team, said “phishing” was growing rapidly in the UK.

“We are very concerned about the rate of increase. It has gone up by 8,000% in the past two years.

“But in the grand scheme of total fraud it is still quite small.”


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