25 May
2006
25 May
'06
11:46 a.m.
At 11:33 AM 5/25/2006, you wrote:
Citation on the $1M/day, please? (I'm sure the *aggregate* take is well over that, but what *single entity* is seeing that magnitude losses?)
Although we all see lots of attempts at phishing and it gets lots of press coverage, it is very small compared to regular credit card and bank fraud which happens all the time. According to a study which I recently read (I wish I could remember where) phishing accounts for less than 1-2% of all banking and credit card fraud in the US. -Robert Tellurian Networks - The Ultimate Internet Connection http://www.tellurian.com | 888-TELLURIAN | 973-300-9211 "Well done is better than well said." - Benjamin Franklin