Moving ahead to control phishing
Email is a very common, powerful and convenient communications tool in these days. Spam and email scams are increasing in proportionate way as increasing no. of internet users worldwide and millions of people are fallen victim to email scam and phishing. Scams like Phishing are designed to steal your web identity and personal data, which is carried out via fraudulent emails. E-mail scams- popularly known as Nigerian 419 scams, Fraudsters send attractive offers through e-mails asking you to deposit money to participate in schemes that “sound too good to be true” or emails that appear to be from trusted institution tricks recipients into providing key details about their identities and accounts. Later, they withdraw the money and stop further communication.
Currently there is no such standard mechanism to expel spam, email scams and phishing. Under current email architecture, email receivers lack a reliable way of authenticating their messages, making difficult for them to distinguish between genuine messages sent by the domain owner and fraudulent phishing messages.
Several major internet and finance companies are announced a new alliance to standardize email verification technique to help in stopping spam and email scams recently. The alliance including Google, Facebook, Yahoo, Bank of America and Paypal aims to create standards that would make email impression far more difficult.
Popular ways of Phishing:-
- Contests and lotteries, asking you to make a payment in order to receive your prize.
- Job offers / applications for jobs / offers from large corporations and public institutions asking for your confidential banking information.
- Intimation of gifts and inheritances from a foreign country, asking you for personal information or money.
- Schemes offering very high returns on small investments or some lucrative Investment opportunities.
- Bogus business opportunities, Work-at-home, easy money making schemes.
- Chain letters, guaranteed loans or credit, Health and diet schemes.
Some precautionary steps:-
- Do not give any confidential information such as password, customer id, Credit/Debit Card number or PIN,CVV,DOB to any e-mail request, even if the request is from government authorities like Income Tax department or any Card Association company like VISA or Master Card.
- Do not open unexpected e-mail attachments or instant message download links or open with caution.
- Always check the web address carefully before sharing any sensitive information
- Ensure that you have installed the latest anti-virus/ anti-spyware/ personal firewall/ security patches on your computer or high end mobile phones
- Use non-admin user ID for daily work on your computer
- Do not access NetBanking or make payments using your Credit/ Debit Card from shared or unprotected computers in public places.
- Do not leave any personal or account details on e-mail.
- Do not transfer funds to or share your account details with, unknown/ non-validated source, luring you with commission, attractive offers.
- Filter/Report spam.
- Don’t trust unsolicited email and don’t click links in email messages.