[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[ISN] How Banks Could Help Minimize Phishing

Forwarded with permission from: Security UPDATE <Security_UPDATE (at) list.windowsitpro.com>


Hosted Security for Small and Medium-Sized Businesses

Protecting Organizations from Spyware: Free Whitepaper

Managing Risk Through Security

=== CONTENTS ===================================================

IN FOCUS: How Banks Could Help Minimize Phishing 

   - Strange Twist of Logic: Use Our Technology or Else!
   - Microsoft Retires MBSA 1.2, Suggests Shavlik Tools for Legacy Support
   - Recent Security Vulnerabilities

   - Security Matters Blog: Windows Server 2003 Needs at Least One Service Pack
   - FAQ: View File Ownership in PowerShell
   - Product Evaluations from the Real World
   - Share Your Security Tips

   - Memory Stick Security




=== SPONSOR: St. Bernard Software ==============================

Hosted Security for Small and Medium-Sized Businesses
   Is effective security out of reach for your small or medium-sized 
business? Imagine having a team of IT experts who only focus on 
security as part of your staff. Download this free must-have white 
paper today and find out how you can eliminate your company's security 

=== IN FOCUS: How Banks Could Help Minimize Phishing ===========
   by Mark Joseph Edwards, News Editor, mark at ntsecurity / net

One of the fastest growing and biggest problems in the security world 
today is phishing. Criminals who yearn to take advantage of the trend 
are swarming like mosquitoes on a warm and muggy summer evening--and 
they need to be swatted out of existence, fast. 

Today it's easy for a crook to set up a Web site with nearly any domain 
name they want. They take advantage of the situation by registering 
domains very similar to legitimate commercial domains. Banks and their 
customers are the biggest targets. In fact, data from the Anti-Phishing 
Working Group shows that since May 2006, 20,000 new phishing scams have 
been reported every month. The data also shows that the overwhelming 
majority of those scams targeted customers of various financial 

Phishing scams fool so many people that a mega-million-dollar 
antiphishing industry has popped up to produce products and services to 
help protect people. The tools provide decent proactive defense, but 
they aren't foolproof, and many people don't use them. 

Is there another way to help protect the public against the bank 
phishing plague? Recently, F-Secure's Mikko Hypponen wrote a brief 
article for "Foreign Policy" magazine (at the URL below) that proposes 
an idea that's so obvious I find it really difficult to figure out why 
no one has acted on it before. 

The idea was originally sent to him by a reader of F-Secure's blog back 
in October 2006 (see the URL below). The idea is simple: The Internet 
Corporation for Assigned Names and Numbers (ICANN) could establish a 
new top-level domain (TLD) called something like .bank and allow only 
legitimate, verified financial institutions to register a name in that 

Hypponen expands on the idea by suggesting that as an added precaution 
against scammers--who would undoubtedly attempt to falsify information 
in an effort to register a name in that TLD--banks and other financial 
institutions could be charged a hefty fee for new registrations. 
Hypponen suggests something like $50,000 per domain. 

I think that other requirements centered around verification of 
credentials could be put in place too; these could be kept secret from 
the public so that scammers aren't sure exactly what they are. 

If a .bank TLD were available and had enough publicity, people would 
quickly become aware that their financial institutions should be using 
this TLD and could avoid bank Web sites that didn't use it. This would 
help put a serious damper on phishing scams. 

Of course, a .bank TLD wouldn't stop phishing entirely. Several 
techniques could still be used to fool or take advantage of 
unsuspecting bank customers; for example, DNS poisoning, man-in-the-
middle attacks, cross-site scripting, browser-based URL spoofing, and 
Trojan horses and keyloggers. So security tools and user education 
would still be important. Nevertheless, a new TLD would help. 

As for creating the TLD, if I understand correctly, it's not up to 
ICANN to start the process. Instead, some independent entity must 
request its creation. So, for example, banks (and other financial 
institutions) could unite towards that effort, establish an entity that 
would handle applications for domain name registration requests (and 
the related services), and formally petition ICANN to create the new 
TLD. ICANN would then review the proposal and decide whether to proceed 
with delegating the new TLD to the DNS root zone. 

I hope this happens. It seems like an idea whose time has come and an 
easy way for banks to help secure their customer interactions. 


Calling All Windows IT Pro Innovators!
   Have you developed a solution that uses Windows technology to solve 
a business problem in an innovative way? Enter your solution in the 
2007 Windows IT Pro Innovators Contest! Grand-prize winners will 
receive airfare and a conference pass to Windows and Exchange 
Connections in Las Vegas, November 5-8, 2007, plus more great prizes 
and a feature article about the winning solutions in the November 2007 
issue of Windows IT Pro. Contest runs through August 1, 2007.
   To enter, click here:

=== SPONSOR: Websense ==========================================

Protecting Organizations from Spyware: Free Whitepaper
   Combat phishing and pharming with complete protection against 
complex Internet threats by filtering at multiple points on the 
gateway, network, and endpoints.

=== SECURITY NEWS AND FEATURES =================================

Strange Twist of Logic: Use Our Technology or Else!
   The Digital Millennium Copyright Act (DMCA) has been used against 
countless numbers of individuals and companies, forcing them to stop 
infringing on intellectual property rights. Now, in a strange twist of 
logic, the DMCA is being wielded as a club in an attempt to force the 
use of intellectual property.

Microsoft Retires MBSA 1.2, Suggests Shavlik Tools for Legacy Support
   Microsoft ended support for its Baseline Security Analyzer and 
recommends that customers who need to scan legacy products use Shavlik 
NetChk Limited, which produces output that can be opened and read by 
MBSA 2.0.1.

Recent Security Vulnerabilities
   If you subscribe to this newsletter, you also receive Security 
Alerts, which inform you about recently discovered security 
vulnerabilities. You can also find information about these 
discoveries at

=== SPONSOR: Neverfail =========================================

Managing Risk Through Security
   Every business faces risk. Have you properly assessed your company's 
risk and put a focus on business continuity? Attend this free Web 
seminar and learn how you can ensure seamless recovery of your key 
systems and keep your users continuously connected. On-demand Web 

=== GIVE AND TAKE ==============================================

SECURITY MATTERS BLOG: Windows Server 2003 Needs at Least One Service 
   by Mark Joseph Edwards, http://list.windowsitpro.com/t?ctl=565FC:57B62BBB09A692791757267EB3FEAFE0

If you're running Windows Server 2003 without at least SP1, you can no 
longer install security updates.

FAQ: View File Ownership in PowerShell
   by John Savill, http://list.windowsitpro.com/t?ctl=565FA:57B62BBB09A692791757267EB3FEAFE0 

Q: How can I view the owner for a file from PowerShell?

Find the answer at

   Share your product experience with your peers. Have you discovered a 
great product that saves you time and money? Do you use something you 
wouldn't wish on anyone? Tell the world! If we publish your opinion, 
we'll send you a Best Buy gift card! Send information about a product 
you use and whether it helps or hinders you to 

   Share your security-related tips, comments, or problems and 
solutions in Security Pro VIP's Reader to Reader column. Email your 
contributions to r2r@xxxxxxxxxxxxxxxxxxx If we print your submission, 
you'll get $100. We edit submissions for style, grammar, and length.

=== PRODUCTS ===================================================
   by Renee Munshi, products@xxxxxxxxxxxxxxxx

Memory Stick Security
   Gemalto North America announced Protiva Secure Digital Companion 
(SDC), a USB flash memory device that generates one-time passwords 
(OTPs) for authentication, generates digital certificates for 
authentication or for signing and encrypting documents, and encrypts 
data stored on the device. When used with Gemalto's Protiva system, SDC 
can provide OTP strong authentication based on a standard developed by 
the Open Authentication Initiative (OATH). Protiva SDC also can be used 
with Citrix Access Suite for strong authentication and secure VPN 
access and is compatible with Windows 2000/XP/Server 2003. For more 
information, go to

=== RESOURCES AND EVENTS =======================================
   For more security-related resources, visit

Are your malware definitions completely up-to-date? If they are, then 
you're halfway home to total malware protection. Windows Vista might be 
the most secure Microsoft OS ever released, but malware is constantly 
evolving, and sometimes out-of-the-box security just isn't enough. In 
this exclusive podcast, Windows IT Pro Editorial and Strategy Director 
Karen Forster interviews Microsoft Product Manager Josue Fontanez about 
Forefront Client Security, Microsoft's unified malware protection 

Gain control over the growing amount of file data in your enterprise. 
Learn how File Area Networks (FANs) can help you centralize file 
consolidation, migration, replication, and failover. Download this 
eBook and start streamlining your file management projects today!  

Is your company addressing the risks of email without diluting its 
benefits? Download this guide today and find out what you can do to 
realize dramatic, quantifiable ROI and move your company quickly from 
analyzing options and seeking budget approval to solving the problem 
with a solution that will pay for itself many times over.  

Discover the New Releases with Microsoft and Industry Experts at IT Pro 
   IT Pro Connections offers the deepest and most relevant education 
for Microsoft IT professionals, especially in this time of important 
new products and technologies. Now is the time for you to quickly come 
up to speed. Get prepared for the newest technologies and products 
through the real-world experience of our expert presenters. "Insider" 
details help you make sense of new technologies, apply them to your 
environment, and master them faster and more effectively.
   Immerse yourself in the latest Microsoft technologies: Windows 
PowerShell, Exchange Server 2007, Windows Vista, Windows Server 
"Longhorn," Sharepoint Server and Communications Server, System Center 
Family (Operations Manager and Configuration Manager), Windows XP, 
Forefront, and more--with experts from Microsoft and world-renowned 
subject matter experts!
   19-20 June 2007
   Post-Conference Workshops 21 June 2007
   Amsterdam, The Netherlands
   Amsterdam RAI

=== FEATURED WHITE PAPER =======================================

Are you familiar with the new government regulations affecting email? 
Learn about the dozens of issues surrounding the security of email in 
business today and make sure that your company is in compliance. 
Download your copy of this must-have white paper today! 

=== ANNOUNCEMENTS ==============================================

Introducing a Unique Security Resource 
   Security Pro VIP is an online information center that delivers new 
articles every week on topics such as perimeter security, 
authentication, and system patches. Subscribers also receive tips, 
cautionary advice, direct access to our editors, and a host of other 
benefits! Order now at an exclusive charter rate and save up to $50! 

Introducing a Unique Exchange and Outlook Resource 
   Exchange & Outlook Pro VIP is an online information center that 
delivers new articles every week on messaging topics such as 
administration, migration, security, and performance. Subscribers also 
receive tips, cautionary advice, direct access to our editors, and a 
host of other benefits! Order now at an exclusive charter rate and save 
up to $50! 


Security UDPATE is brought to you by the Windows IT Pro Web site's 
Security page (first URL below) and Security Pro VIP (second URL 

Subscribe to Security UPDATE at

Be sure to add Security_UPDATE@xxxxxxxxxxxxxxxxxxxxx 
to your antispam software's list of allowed senders.

To contact us: 
   About Security UPDATE content -- letters@xxxxxxxxxxxxxxxx
   About technical questions -- http://list.windowsitpro.com/t?ctl=565FD:57B62BBB09A692791757267EB3FEAFE0
   About your product news -- products@xxxxxxxxxxxxxxxx
   About your subscription -- windowsitproupdate@xxxxxxxxxxxxxxxx
   About sponsoring Security UPDATE -- salesopps@xxxxxxxxxxxxxxxx

View the Windows IT Pro privacy policy at

Windows IT Pro, a division of Penton Media, Inc.
221 East 29th Street, Loveland, CO 80538
Attention: Customer Service Department

Copyright 2007, Penton Media, Inc. All rights reserved.

Attend Black Hat USA, July 28-August 2 in Las Vegas, 
the world's premier technical event for ICT security 
experts. Featuring 30 hands-on training courses and 
90 Briefings presentations with lots of new content 
and new tools. Network with 4,000 delegates from 
70 nations.   Visit product displays by 30 top
sponsors in a relaxed setting. Rates increase on 
June 1 so register today. http://www.blackhat.com