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General discussion

Internet banking 'no longer safe'

Mar 9, 2004 1:23PM PST

Professor Bill Caelli warns home users that the personal computer was not designed for online banking or other sensitive transactions, and advised users "Do not use it, it's no longer safe." The Australian Computer Emergency Response Team (ACERT) reports a growing trend of e-mail based phishing scams, a sort of social engineering attack designed to trick users into revealing their bank account details to spoofed websites. The Australian Banking Association (ABA) called Prof. Caelli's remarks "not appropriate" given the level of cybercrime. "It is like telling people to stop driving their cars because the roads are not safe," according to ABA chief executive David Bell. Mr. Bell argued that users have a responsibility to protect themselves against cybercrime.

http://www.theadvertiser.news.com.au/common/story_page/0,5936,8912876^421,00.html

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