What is the point of encryption if you don’t know who for?

Contributed by Dr. Colin Walter

Phishing is the fastest growing threat in the history of Internet and has gained immense popularity amongst Internet fraudsters and hackers as a simple yet effective way to gain unsolicited access to confidential user information. Using social engineering tactics, fraudsters ensure that the trust relationship established by a company with its customers is exploited to maximum effect. It is for this reason that moving towards stronger identity assurance techniques is the only long term strategy that will maintain the stability of the Internet.

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