ID threats to watch out for:
A snippet Report
UTI Bank recently joined the long list of banks that have been subjected to online identity thefts and attacks. The bank became a victim of a phising attack. A URL on Geocities that was almost a facsimile of the bank's website homepage (online identity theft), was reported to be circulating amongst email users. The web page not only asked for the account holder's login and passwords, somebody had even wickedly put up a disclaimer and security hazard statement and online identity thefts.

Though the incident is first of its kind this year, it is a good pointer to the increasing menace of online identity theft. The other prominent Indian banks which have been a victim of such attacks include leading names like ICICI bank and Citibank.

According to a new report about online identity theft from the security firm McAfee, the instances of key-logging malware to capture passwords and other private information have increased by 250 percent between January 2004 and May 2006.

Additional findings from the security firm's research show that the number of phishing alerts tracked by the Anti-Phishing Working Group has multiplied 100-fold over the same period of time.

Though the majority of these crimes are carried out for economic gains, they might also be committed by terrorist groups who establish false identities to conceal their activities from the watchful eyes of law enforcement. There are several ways in which online identity theft can be committed. We decided to bring you face to face with these Identity Theft.

Contd: Part 2 Identity Theft

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