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Will phishing kill online banking?

August 11th, 2005 · 2 Comments

Adam Shostack predicts that phishing will kill online banking unless banks start using email more intelligently. His recommendations make sense for any business that uses email to communicate with its customers.

2 responses so far ↓

  • 1 Anil Dash // Aug 11, 2005 at 9:55 pm

    Seems to me that sending a CD-ROM with a feedreader (branded as a “bank news and updates program” or something) and publishing secure feeds for each customer would be cheaper than fighting phishing indefinitely.

    maybe it’s just me. but it could be sold as a security feature, a free bonus to ensure legitimate messages get through.

  • 2 Making Light // Aug 12, 2005 at 7:36 am

    “Dealing with the phishing problem is so simple that I can’t see how to found a company to do it.”

    Adam Shostack explains how companies that communicate with their customers via email can defeat phishing. In four easy steps. (Via…

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