China to curb online phishing
December 30th, 2011 - 1:39 pm ICT by IANSBeijing, Dec 30 (IANS) China’s ten major search engines have agreed to put banks’ official homepages at the top of search results in a bid to curb cyber scams, authorities said.
The move was jointly pushed by Ministry of Public Security, banking industry organizations and several commercial banks in response to growing public concerns over the safety of online accounts and transactions since 2010, a statement said.
Phishing attacks, or financial fraud schemes, are generally done through fraudulent websites that appear legitimate by using web addresses or log-in webpage designs similar to banks’ official Internet banking service portals.
Phishing victims are often fooled by fraudulent links turned out by search engines, reported Xinhua. Upon entering such sites, customers are asked to verify their account information by entering usernames and passwords.
The first batch of financial institutions covered by this new precaution scheme includes five major state-owned banks and two financial organizations, the statement said.
Moreover, some search portals have added an official logo to each bank’s legitimate link to make it “remarkably different” from unauthorized results.
A series of hacking cases this week stirred strong public concern.
Millions of personal details of subscribers to several websites, including CSDN, the
country’s largest programmers’ website, and popular online gaming and social networking sites, were leaked.
A police report Thursday said that applicants’ information leaked from a government database in the southern province of Guangdong due to technical loopholes.
- Beware of Valentine's spam, warns IT security firm - Feb 13, 2012
- Millions of Americans caught in e-mail breach - Apr 05, 2011
- Online shopping brings about more 'phishing' in China - Jun 27, 2010
- Facebook stops 600,000 hacking attempts daily - Oct 29, 2011
- Baidu launches own mobile platform - Sep 04, 2011
- Arrests made in malware fraud case which infected millions of computers worldwide - Nov 10, 2011
- Chinese writers reject copyright infringement apology from search giant Baidu - Mar 28, 2011
- Phishing websites pocket $3 billion in China - Jan 15, 2011
- Facebook privacy loophole lets you view the chats, pending friend requests of your friends - May 05, 2010
- Phishing scam warning issued in Mississippi - Mar 11, 2010
- Two foreigners arrested for hacking bank passwords - Mar 06, 2012
- India tops in originating spam, phishing in Asia: Report - May 11, 2010
- Facebook Launches New "Panic Button" To Protect Kids - Jul 12, 2010
- Phishers start angling for Facebook, twitter - May 26, 2009
- 25 Russians charged in US banking fraud - Oct 02, 2010
Tags: banking industry, commercial banks, cyber scams, financial fraud schemes, financial institutions, fraudulent websites, government database, industry organizations, internet banking service, major search engines, police report, public concern, public concerns, public security, service portals, social networking sites, southern province, usernames and passwords, webpage designs, xinhua