| Phishing As A Service, Part II
Now you no longer need an in with the international Storm syndicate to outsource your phishing attacks. On InformationWeek, George Hulme reports on a DIY phishing service: "The service automatically generates text for the phishing emails that target various Web mail and social networks, including Facebook, Hi5, Orkut, and others... While this is more of a novelty, and reminiscent of the old-time virus construction kits from the early 1990s, it reveals how heavily social networks will be targeted going forward." Hulme predicts a significant attack through the social networks. I still think it's coming from instant messaging. Posted by Joe Caponi at 12:15 PM, January 29, 2008 Return To Hot Topics .
Recap of Saturday, January 26
Yes, we had a nice intra-week recovery, but the fact that we were down as much as we were down and the fact that Microsoft could have great earnings and the market still goes down shows that there's a fundamental fracture… Jill Schlesinger: You don't think that has to do with the political landscape, do you? I think it has more to do with… Charles Payne: If we had a strong candidate… Jill Schlesinger: Who is that person? Over the last 50 years, who is that person? Charles Payne: If we had a re-incarnation of Ronald Reagan and he was the front-runner, the market wouldn't have done what it did. Tracy Byrnes: Don't you think it's too early in the process for the market to be relying on a candidate? Gary Kaltbaum: Look, we had this program coming from the government about giving money to people.
Subprime loan crisis sparking action from Olympia
OLYMPIA, Wash. -- Tony Brooks blames a mortgage broker for the loss of his home, and wanted state lawmakers to know his story. Brooks, 48, drove twice to Olympia from Seattle in the span of a week to testify for a crackdown on brokers, even after he was turned away by a Senate committee the first time. "There are predatory lenders out there ripping off people with subprime loans," Brooks said. "By me going down there, they will see somebody that it happened to." Mortgage brokers are in the cross-hairs of some of the measures in the Legislature's response to fears that the subprime loan crisis will soon hit the state hard. As the housing market weakens across the country, the hardest hit have been borrowers of subprime loans, typically people who don't meet the credit standards for a conventional loan.
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