Others have questioned whether users are smart to enough to know to look – and where to look – for visual cues, such as a green address bar in the browser chrome. Still others think the problem is a fundamental one: If credentials, such as Social Security numbers, were not so valuable to criminals, why would anyone go after them?
Websites must take additional measures to stop phishing, Litan says. Gartner advises its clients to implement strong authentication; engage anti-phishing and brand monitoring services, such as those from RSA, MarkMonitor or Cyveillance; and protect accounts with fraud detection and transaction verification.
Peterson says Overstock – one of the first companies to deploy extended-validation certificates through VeriSign – does not tolerate phishing and relies on its partners to help wage the battle. “We want them to know we're going to come after them legally,” he says. “We have a team of lawyers. That's all they want to do is shut these guys down.”
But Peterson also understands that his $1 billion-a-year company's obligation to protect against malicious code writers and phishing schemers extends well beyond its own borders. By taking action, Overstock is making a commitment to internet commerce as a whole.
“If the major guys can't fend off the bad guys, then no one is going to have trust in the internet,” he says. “It's up to us, up to Amazon, up to eBay to make sure we have the top security.”
See original article on SC Magazine US
.png&h=140&w=231&c=1&s=0)
.png&h=140&w=231&c=1&s=0)
_page-0001.jpg&w=100&c=1&s=0)
.png&w=120&c=1&s=0)
Security Exhibition & Conference 2025
Integrate Expo 2025
Digital As Usual Cybersecurity Roadshow: Brisbane edition
iTnews Benchmark Security Awards 2025
.jpg&h=140&w=231&c=1&s=0)
.jpg&h=140&w=231&c=1&s=0)
