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New strategy to clamp down on phishing

In the past, those experts fighting cybercrime online have tried educating potential victims about risks in order to combat phishing but now they are to pioneer a more direct strategy.

The Anti-Phishing Working Group (APWG) is developing a new initiative to permanently erase such websites from the internet by working with registries, news resource Forbes reports.

It is creating a system that would allow authorised security organisations to identify fraudulent sites and have them pulled from registries.

This could mean some sites are brought down after just a few minutes, it told the publication.

However, some web organisations have expressed concern that by acting so quickly, innocent websites could be taken off the web.

Fred Felman, spokesman for MarkMonitor, one of the firms which would be accredited by the programme, admitted that there could be problems.

He told Forbes: "If we remove a legitimate e-commerce business from the web, it could lose millions in revenue that doesn't come back."

APWG statistics reveal that in October last year, the number of unique phishing incidents reported to it was 31,650.

It notes that the number of unique problem websites it identified rose to 34,266 - an increase of more than six thousand on the previous year.

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