ICBC bolsters anti-phishing measures

by Richard Kilner

Story link: ICBC bolsters anti-phishing measures

The Industrial and Commercial Bank of China (ICBC) has beefed up its customers’ anti-fraud defences with enhanced anti-phishing security measures.

The new tool enables customers to detect whether or not a site is safe, allowing even those not technically savvy to easily and simply find out whether they are on a safe site.

The main aim of the new security control is to strike a blow against so-called phishing sites, which seek out tricky individuals into giving away important personal details which are then used by criminals.

The most commonly sought information tends to be passwords, banking codes and card numbers, which are then used to drain the victim’s account in a form of technological theft.

Sadly the rise of e-criminals continues unabated, with the Bank of China identifying a pair of fake websites since the start of April and Australia’s Commonwealth Bank warning its customers to beware of suspicious e-mails, a favourite tool of criminals to try and deceive victims into giving away their information.