Phishing, ID Theft Cause For Huge Concern

If you ever wondered where spammers got your e-mail details from, eBay may have the answer. According to Stieler van Eeden, assistant manager, Ernst & Young Information Systems Assurance and Advisory Services (and ex-hacker), spammers and hackers have ready access to millions of e-mail addresses through eBay's online auction site. While this is enough of a privacy concern, security experts are warning that potential malicious attackers also have access to those addresses, and that they could very easily use them to conduct highly coordinated phishing scams on unsuspecting people. Phishing and Identity theft are essentially similar, in that they both attempt to gain a user's personal details, including bank card numbers, pins, passwords and identity numbers, which could be used to fraudulently open accounts or purchase goods.

Source - Computer World(Australia)