Phishing – Are you sure that e-mail is genuine?
Phishing – a scam by online fraudsters by using seemingly genuine e-mails to con users out of information such as passwords, bank details and credit card information.
The scam starts with an e-mail from what would seem to be a genuine supplier such as a bank, utility supplier, or mobile phone company asking for details to be updated by clicking on a link. This will then take the victim to another seemingly genuine website that will then harvest the victims details for nefarious purposes. In July 2012 users of the O2 mobile network received fake e-mails of this nature offering a £10 discount even though there was a genuine offer by the company for that amount following network outage.
In his own blog Richard Hodson, Head of Technology at Oval Insurance Broking discusses this scam in more detail and explains what to look for in a phishing scam and how to avoid being conned
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This Ponemon Institute study examines the costs incurred by 36 UK companies in 11 different industry sectors after those companies experienced the loss or theft of protected personal data and then had to notify breach victims as required by law. Results were not hypothetical responses; they represent real cost estimates for activities resulting from actual data loss incidents.
The number of breached records per incident this year ranged from approximately 3,500 records to more than 78,000 records.
In this the the fifth annual benchmark study concerning the cost of data breach incidents for UK-based companies and which was supported by Symantec, the average per capita cost of a data breach has increased from £71 to £79.