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Schneier: Make Banks Responsible for Phishers
abgillette writes "Writing for Wired News, security guru Bruce Schneier says that the only way to stop phishers and identity thieves is to make financial institutions solely responsible: "Push the responsibility -- all of it -- for identity theft onto the financial institutions, and phishing will go away. This fraud will go away not because people will suddenly get smart and quit responding to phishing e-mails, because California has new criminal penalties for phishing, or because ISPs will recognize and delete the e-mails. It will go away because the information a criminal can get from a phishing attack won't be enough for him to commit fraud -- because the companies won't stand for all those losses.""
As long as they make a backup copy, I'm fine with it.
Because if anyone should be responsible for the damage phishers have caused to our marine wildlife, it should be our financial institutions....oh, wait...
Dear Bruce Schneier,
We read with interest your comments on preventing phishing activities.
Our conclusion is that we are not taking appropriate measures to prevent phishing.
Therefore, we have acted to prevent such damages in the future. This action is the only certain method of fraud provention: Your account has been closed and we have placed you on a universal banking blacklist to prevent you being able to open an account with any other bank.
Thank you for your refreshing point of view, and good luck.
Sincerly,
Your Bank
---"What did I say that sounded like 'Tell me about your day?'"---
Send someone a phish, get their money and teach them a lesson.
Teach someone to phish, and they may try to get your money!
Infuriate left and right
Crappie