Users are the weakest link

Security by on May 15, 2006 at 11:34 am

Phishing is a favorite topic of mine (1, 2). Great article on the efficacy of the user toolbar to flag phishing sites:

The highlights:
  • 52% of untrained users gave up their login info to a red light site
  • 28% of trained toolbar users gave up their login info
As much as I love the idea of educating users about the dangers online, users cannot be relied upon to protect themselves from online fraud. The ultimate responsibility needs to fall on the financial institutions. On a related note, 41st Parameter, an anti-fraud/phishing company, recently raised an $11.2M B round from Kleiner and Norwest.


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