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The growing problem of phishing on Twitter

February 9th, 2010 by admin | 2 Comments | Filed in Anti Virus, Digital Download Products, Mcafee

Recent reports have it that hackers are attempting to steal the identities of Twitter users, through a fairly sophisticated phishing scheme. What appears to be making the scheme easier to spot is that the hackers are bulk e-mailing subscribers, with some attempted victims, receiving up to ten e-mails a day containing the following message.

“Due to concern that your account may have been compromised in a phishing attack that took place off-Twitter, your password was reset. Please create a new password by opening this link in your browser” Needless to say the link was false, and those who fell victim to the scam had inadvertently given away all of their account information.

Yet who can be truly surprised that the latest internet sensation would become a target of an online phishing campaign. After all, they are only falling in the footsteps of Facebook, Google, Hotmail, EarthLink, Yahoo, and Comcast among others.  Estimates are that more than one million accounts may have been compromised, resulting in login details falling in to the unscrupulous hands of phishers.

The earliest examples of phishing that were seen on the internet were the almost laughable “Nigerian prince” scams that were very active around five years, although quite a few people fell victim to them. Another more recent example was a bulk e-mail campaign by phishers posing as representatives of PayPal, asking for account holders for their user name and password, again bringing surprisingly good results for the hackers and bad news for those who fell victim.

Some of the profits from these phishes appear to have been invested in the next generation of phishing, known as “spear phishing,” in which the web fraudsters have used a friendly and local cover to attempt to prize sensitive information from the unsuspecting public. If scammers send an email blast to an entire local community, under the disguise of a bank or local department store, the chances are that a few people will click on the link before news spreads.

This is the reason why internet users are urged to regularly update their passwords, even though it can some inconvenience. Yet the inconvenience will certainly bear no comparison to that caused if a person’s identity is stolen, Another, and probably more efficient method of preventing cyber theft, is install the most powerful anti-virus software on the market and to take every step to make sure that it is maintained and  up to date to protect themselves from  phishing fraudsters.

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