Comments on: Behind the scenes of online fraud

RSA security expert tells of blogs that review of Trojans, IRC chat room marketplaces for online fraud tools, and new types of Web attacks designed to steal sensitive data.

[humanssssss]

Identity fraud and theft are two different things. Identity theft is the use of the identity without permission of the proscribed identity. Identity fraud is the act of using an identity to gain from the act.

Banks and retailers commit identity theft and fraud everyday. They sell consumer personal information for their gain everyday.

The author should go do some research on where the source of identity theft are most of the time.

[Lerianis]

You have a point. The usual sources of identity theft and fraud: information lost by companies that we gave the information to, which really pisses me off big time! There is no reason why, in this day and age, ANY information should be allowed outside of a credit card companies building unless it is: 1. encrypted or 2. escorted by 20 armed guards.

[ddesy]

You're off the mark here. Banks don't tend to sell off information the way that retailers sometimes do. Plus if you actually look at what identity theft and fraud are, it's clear that they commit neither.

[john5540]

20 armed and encrypted guards

[directorblue]

"Browser Helper Object[s]" -- the key vulnerability (Microsoft might call it a feature) that enables this type of thing is endemic to Internet Explorer.

The Mozilla/Firefox architecture has no analogous capability.

Guess which one is safer for general consumer use.

[adkiller2k7]

KILL IE, GET FIREFOX OR GET PHISHED!

[Doug Woodall]

Its become very profitable. Set up is easy and you can even get tutored!
Soon we'll be seeing the commercials on TV.
My wife was a victim of a Cam set up at a ATM. Good advice on shielding your PIN as you type it in.