Sunday, September 17, 2006

Gone Phishing...

$163K Wow... It is hard to believe that there are that many gullible folks still around, but it is Kentucky...
Scam artists using fake e-mails purportedly from Fifth Third Bank have stolen $163,000 from the Northern Kentucky Chamber of Commerce's bank accounts. It's the highest-profile case since the Cincinnati bank - the nation's 11th-largest - became a target for "phishing" scams this summer. Phishing is the act of tricking someone into giving confidential information or tricking them into doing something they normally wouldn't. Crooks typically use banks' and other financial-services companies' IDs because of their large customer bases. According to the anti-virus company McAfee, Fifth Third made up 60.5 percent of all phishing attacks in August. Working with the FBI, the chamber has recovered $65,465 and has traced $43,541 more that is pending recovery. Chamber president Steve Stevens said in a news release that the chamber is financially stable.

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