, The Register 2004-12-03
Fraud losses from email phishing attacks will hit $137m globally in 2004, according to a study from research and consulting firm TowerGroup. The figure is much lower than previous estimates. For example, a September survey commissioned by TRUSTean, an online privacy non-profit organization and NACHA, an electronic payments association, put US phishing losses to date at $500m.
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Maybe internet should have waited more time to get to the 'common' people.
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Link to this comment: http://www.securityfocus.com/comments/articles/10056/29349#29349