2 million bank accounts robbed

Published: 15 June 2004 y., Tuesday
Nearly 2 million Americans have had their checking accounts raided by criminals in the past 12 months, according to a soon-to-be released survey by market research group Gartner. Consumers reported an average loss per incident of $1,200, pushing total losses higher than $2 billion for the year. The survey results, extrapolated from a telephone poll of 5,000 consumers conducted in April, offer a rare glimpse at the state of bank fraud: Financial institutions are tight-lipped about fraud losses. But Litan said the study confirms comments she regularly hears from bank investigators. The trend neatly follows a sharp rise in so-called phishing e-mails, which attempt to steal consumers' user names and passwords by imitating e-mail from legitimate financial institutions. A Gartner study released in May showed at least 1.8 million consumers had been tricked into divulging personal information in phishing attacks, most within the past year. Phishing attempts designed specifically to steal bank information began to skyrocket about 10 months ago, according to Dave Jevans, chair of the Anti-Phishing Working Group. Overall, phishing e-mails have jumped 4,000 percent in the past six months, and just last month, Citibank overtook eBay as the most common target. The company faced an average of 16 attacks per day, and 475 separate phishing attacks during April, an increase of nearly 400 percent from March.
Šaltinis: msnbc.msn.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

MEPs debate financial crisis and upcoming European Council

The EU should act in a united fashion to tackle the financial market crisis, and Member States should avoid unilateral steps which cause problems for their neighbours, according to most of the MEPs taking part in the debate on next week's EU summit and the financial turmoil. more »

Lithuania Follows the Decision to Increase Deposit Guarantee Protection

Following the decision by the Economic and Financial Affairs Council (ECOFIN), the Government of Lithuania raises deposit guarantee protection for individuals from EUR 22,000 up to EUR100,000, demonstrating the credibility of Lithuanian finance sector and safety of deposits at financial institutions. more »

Financial crisis: MEPs assess EU action and impact

As banks tumble like bowling pins and confidence plummets, Thursday sees MEPs consider whether to back wider financial regulation. more »

Lithuanian foreign Ministry emphasizes that disputes of commercial companies are arbitrated by courts and not by politicians

On 6 October, the Embassy of Latvia to Lithuania received a reply to the note of Latvian Ministry of Foreign Affairs regarding the ruling of Vilnius District Court pertaining to the Latvian company airBaltic and Riga’s airport on the basis of the request of the Lithuanian company flyLAL. more »

“The Lithuanian Economic Forum” to be hold in London

Lithianian Development Agency in cooperation with the Lithuanian Embassy to the United Kingdom of Great Britain and Northern Ireland as well as Alro Group, a real estate investment consultant, based in London, present “The Lithuanian Economic Forum” which will take place on October 8 in London. more »

Silvio Berlusconi Promises His Support for the Extension of the Work of Ignalina NPP

Italian Prime Minister Silvio Berlusconi thinks that the closedown of Ignalina NPP might be postponed and affirmed this opinion to Lithuanian Prime Minister Gediminas Kirkilas who is presently on a working visit to Rome. more »

Cisco Targets $34B Market with New Collaboration Portfolio

Open Collaboration Portfolio Integrates Cisco Unified Communications, Cisco TelePresence and Cisco WebEx. more »

Wincor Nixdorf presents expanded portfolio of software solutions for postal services providers

Wincor Nixdorf's portfolio of software solutions for the branch business of postal services providers, PC/E Postal Solution Suite, has been newly structured and expanded to include additional functionalities. more »

Verizon Business Hosts Final Webinar Today in Three-Part Security Series

Session to Focus on How Enterprises Can Proactively Reduce Risk. more »

Revised gross domestic product

The revised GDP growth rate in II quarter 2008 equalled 5.2 per cent. more »