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Tech companies team up to reduce ‘phishing’ scheme

February 1, 2012

Some of the largest technology firms in the world recently came together in order to reduce the number of phishing scams that steal credit card numbers.

Some of the largest technology firms in the world recently came together in order to reduce the number of phishing scams that steal credit card numbers.

Eleven companies, including Facebook, Yahoo!, Google and Microsoft, are all teaming up to form the Domain-based Message Authentication, Reporting and Conformance (DMARC). The new alliance will seek to reduce the prevalence of phishing scams, which often obtain a large number of email addresses and asks those targeted to reply by sending credit card numbers. Sometimes the messages can appear to be from a legitimate source, making the issue tough to combat even for a computer-savvy person. 

“One of the worst experiences for a user is being phished,” said Adam Dawes, a DMARC representative and Google product manager, in an interviews Wired. “The best way to protect them is to make sure the email never reaches the spam folder at all.”

In some cases, scam artists have targeted people over the phone. In a statement, the Accommodation Association of Australia, a hotel trade group, said that it had uncovered a crime ring that had stolen approximately $11,500 from targets.

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