Stop Pharming
Pharming is a practice of redirecting internet domain name requests to false web sites so that personal information can be stolen. FDIC has issued FIL-64-2005 to provide information about pharming practices and to provide guidance on how to minimize risk. One obvious step is to regularly check uses of the institution's domain name and any creative variations of the name. The FIL also recommends specific protection techniques such as digital certificates and consumer education. Institutions should also run regular checks on their web site to identify anomalies, such as a sudden decrease in received communications.
Copyright © 2005 Compliance Action. Originally appeared in Compliance Action, Vol. 10, No. 9, 8/05
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