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Firms unite for phishing fights

Firms unite for phishing fights

A crackdown on “phishing” scams has been announced by 15 of the top technology companies.

Email providers such as Google and Microsoft will work with companies like Paypal and the Bank of America to improve authentication.

Phishing attacks typically involve scammers posing as familiar companies in an attempt to trick users into sharing personal information.

This co-ordinated effort aims to make this more difficult.

The Domain-based Message Authentication, Reporting and Conformance (DMarc) – as the coalition is known – has released plans to produce a “feedback loop” between email receivers and senders.

The initiative is the first significant attempt to bring together both email and service providers along with key security organisations.

DMarc said this industry-wide involvement – which covers the receivers, senders and intermediaries of email use – will mean email providers will for the first time be able to reliably filter out unwanted emails, rather than use “complex and imperfect measurements” to determine threats.

It will mean an agreed standard for authenticating legitimate emails arriving at the inboxes of AOL, Gmail, Hotmail and Yahoo customers.

It will verify messages from Facebook, Paypal, American Greetings, Bank of America, Fidelity and LinkedIn.

Read More/Source: BBC News

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