Microsoft is helping raise 129 lawsuits against phishers of which 97 are criminal procedures.

Probably many of us reading this think we’re smart enough to detect Phishing emails – but are your parents or your children clued up enough to spot a fake mail supposedly from Chase or Paypal? Maybe not. Research group Gartner estimates that the total amount of damages from phishing is expected to be $2.8 billion in 2006 – that’s a fair chunk your kid’s allowance (or even your inheritance). So, it’s nice to see Reuters report that ol’ MS is helping raise 129 lawsuits against phishers of which 97 are criminal procedures. Reuters says:

PREMIUM SUBSCRIPTION CONTENT
This content is available for Premium Subscribers only.
Already a subscriber? Log in