Analysis: Phishing Arrests Highlight Massive Problem

The massive phishing scam broken up by federal authorities this week is only a hint at what many say is an insidious and growing problem on the Internet. The bust, dubbed Operation Phish Phry, was described by the FBI as the largest ever cyber-crime investigation and they held it up as a shining example of international cooperation in the realm of cybersecurity.

But as important and impressive as it was, the arrests barely scratch the surface of the phishing problem, according to several who have been tracking the issue for years.  Read the full story [IDG News Service/Jaikumar Vijayan]

The massive phishing scam broken up by federal authorities this week is only a hint at what many say is an insidious and growing problem on the Internet. The bust, dubbed Operation Phish Phry, was described by the FBI as the largest ever cyber-crime investigation and they held it up as a shining example of international cooperation in the realm of cybersecurity.

But as important and impressive as it was, the arrests barely scratch the surface of the phishing problem, according to several who have been tracking the issue for years.  Read the full story [IDG News Service/Jaikumar Vijayan]

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