Anti-virus software company Symantec has joined a group devoted to fighting online identity theft attacks known...
as "phishing scams".
The company will join the Anti-Phishing Working Group (APWG), an association of internet service providers, technology suppliers and law enforcement officials dedicated to identifying and thwarting phishing attacks.
Phishing scams are online crimes that use unsolicited commercial, or "spam", e-mail to direct internet users to websites controlled by thieves, but are designed to look like legitimate e-commerce sites.
Users are asked to provide sensitive information such as a password, bank account or credit card number, often under the guise of updating account information.
Symantec joined the APWG as a "premium" member, entitling the company to a seat on the group's steering committee and allowing its representatives to participate in APWG sub-groups, meetings and technology trials. Symantec also receives access to the APWG's repository of information on phishing scams.
In Symantec's recent consumer survey it found that 42.5% of consumers are very concerned about online fraud. A majority of those surveyed reported changing the way they use the internet because of their concerns about fraud, with 32% saying that they do not use the internet for online banking, Symantec said.
Symantec is the first major anti-virus company to sign up with the group, said Peter Cassidy, secretary general of the APWG.
The addition of Symantec underscores the growing connections between identity theft scams and malicious code such as viruses, worms and Trojan horse programs, he said.
Symantec will bring scientists and engineers with expertise in malicious code to the group, which is studying the use of so-called "malware" in phishing attacks, he said.
The APWG has been talking with Symantec about joining for months, and other large anti-virus companies may soon join the group, as well, Cassidy said.
Paul Roberts writes for IDG News Service