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HR 3606 (CARD Act 21-day rule fix) signed into law by president, as was the homebuyer tax credit extension 1 day ago

Scam warning: Kennedy Space Center FCU members being targeted via phony text messages by ID thieves in Florida. http://ow.ly/zWCE 1 day ago

Financial Stability Improvement Act markup, which began today, will continue after Vets. day, Hse. Fin. Svcs. Chair Barney Frank says. 1 day ago

In Mon NN: 24 SE Wisc. CUs will now have control of $71.5M in loans and lender-owned homes after Central States Mtge went into receivership. 1 day ago

Detroit Edison Credit Union and NuUnion Credit Union announce their intent to merge http://tinyurl.com/y8bslvg 1 day 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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