Phishers cash in on ATM cards

**MIG-31** · Aug 2, 2005, 04:30 PM

Phishing attacks have led to an estimated $2.75 billion in losses related to ATM and debit cards over the past 12 months, according to a new Gartner report.

The report, released Tuesday, includes a recent survey of 5,000 U.S. bank customers. From the survey, Gartner estimates that 3 million Americans have lost an average of more than $900 each due to online scams over the past year.

Scam artists are gleaning bank account numbers and personal identification numbers (PINs) through the use of phishing attacks and keystroke logging technology, according to the report. They are then creating fake ATM and debit cards and using the cards to steal money and make purchases.
_______________
Read More: Zdnet

Aug 2, 2005, 04:30 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,854 Rep Power: 471 System Specs	Phishers cash in on ATM cards Phishing attacks have led to an estimated $2.75 billion in losses related to ATM and debit cards over the past 12 months, according to a new Gartner report. The report, released Tuesday, includes a recent survey of 5,000 U.S. bank customers. From the survey, Gartner estimates that 3 million Americans have lost an average of more than $900 each due to online scams over the past year. Scam artists are gleaning bank account numbers and personal identification numbers (PINs) through the use of phishing attacks and keystroke logging technology, according to the report. They are then creating fake ATM and debit cards and using the cards to steal money and make purchases. _______________ Read More: Zdnet __________________ Please Post Your News Submissions Here