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Bush in Virginia today notes federal insurance expansion of bank and CU deposits of up to $250,000. "That's important," says president. 13 hours ago

A survey says more than 50% of baby boomers will have to delay their retirement by 5+ years...for more, read Wed.'s Consumer News. 14 hours ago

NCUA says its Share Insurance webinar today drew more than 3,300 participants. Will provide archived version later. 14 hours ago

MarketWatch mentioned CUNA and CUs as currently being on the "high ground" of financial services. Read more in tomorrow's News Now. 17 hours ago

Positive item on CUs by Jennifer Openshaw posted on Marketwatch and the Dow Jones News Service: Read: http://tinyurl.com/48fgsu 18 hours ago

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Spear phishing attacks savvy computer users

WASHINGTON (8/30/05)--Computer hackers are continually creating new ways to scam personal information out of even the most computer-savvy people (Silicon.com Aug. 12).

The Wall Street Journal recently reported a new wave of more sophisticated phishing attacks, dubbed "spear phishing." Most computer users have become familiar with phishing, where hackers send phony e-mails--often purportedly from financial institutions--that ask for personal information.

The more sophisticated attacks--spear phishing--are targeted at specific companies and government agencies. The crime involves phony e-mail messages designed to look like they're from the recipient's company or organization--often from an information-technology or human-resources department.

Another technique used by thieves involves tricking people into faxing their personal information. The new technique sends phony e-mails that ask people to fax sensitive information to bogus security investigators.

To avoid becoming a victim, install a firewall, update antivirus and antispyware programs, make sure your browser has updated security patches, never use e-links within e-mail messages, and never give personal information in response to urgent e-mails. Review your statements carefully, and remember that your credit union never will contact you to request personal information.



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