A gloomy forecast for phishing
A security expert says the problem of e-mail identity theft, known as "phishing", could get much worse.
Phishing is a kind of fraud that involves tricking Internet users into revealing credit card and bank account numbers. Fraudsters lure consumers to realistic-looking but fake Web sites of financial institutions or e-commerce companies, where they're asked to give up personal financial information.
The volume and sophistication of phishing e-mails will increase because there is so much money to be made, according to University of Indiana security researcher Markus Jakobsson.
Elsewhere:
BBC: Users face new phishing threats
CNET News.com: XM Satellite lands $650 million baseball deal
Reuters: Hacker hits University of California computer
