North American Network Operators Group

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Re: Black Frog - the botnets keep coming

  • From: Robert Boyle
  • Date: Thu May 25 11:48:16 2006

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.


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