UK banks and retailers are investigating e-mail monitoring services that could offer early warning of “phishing” attacks by hackers attempting to trick consumers into disclosing their online banking passwords. Although the losses from attacks against banks including NatWest, Lloyds and Barclays have been relatively small, concern is growing that more sophisticated phishing attacks in the future could cause significant losses. Security experts said plans by Microsoft to patch a phishing vulnerability in Internet Explorer would have little impact on the problem, as hackers could use other equally effective techniques to fool consumers. E-mail monitoring firms Brightmail and Messagelabs confirmed last week that they were holding talks with banks and online retailers about proposals to provide an early-warning service for phishing attacks. Full Story
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