Tuesday, August 02, 2005

Researcher Describes How The Phishing Economy Works > July 29, 2005

InformationWeek > Security : "The economics of phishing is free market theories in action -- pure supply and demand -- a researcher said Friday in explaining his recently-released paper about the inner workings of Internet scammers.
'Phishing economies are self-organized merchants and consumers governed only by the laws of supply and demand,' said Christopher Abad, a research scientist with Cloudmark, a San Francisco-based spam filtering service provider."

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