Friday, February 20, 2009

Have you ever been phishing?

I hope not.

Phishing is a form of identity theft that dates back to the early 1990’s. AOL had a huge surge of business from individuals eager to join up with the millions of people already surfing the web. When hackers made the decision that they did not want to pay for their AOL services, they used fake identities and credit card information generators to fool AOL and gain access. The system worked until AOL made an attempt to charge the credit cards, then finding the fault in the accounts and shutting the accounts down. Soon hackers mobilized to not just faking their identities, they would steal those of AOL’s paying customers and then leave the victim to fit the bill. The trend of this expanded to not just AOL users, but all internet users and thus phishing was born.