Unauthorized access to personal accounts is the fastest growing form of theft. Utilizing the internet for financial transactions is part of more than 70% of adult internet users' daily activities. With this abundance of internet banking customers, phishing emails are on the rise now more than ever.
The FDIC published findings in December 2004 referencing their findings on ways to protect the security and confidentiality of sensitive customer information. Updated recommendations have been published in the supplemental article titled "Putting an End to Account-Hijacking Identity Theft."
