Fergie's Tech Blog

New crop of thieves: Pharmers hit Net banking

Jane Larson wrote in the The Arizona Republic on Tuesday that "It's the next Internet scam, and it could be the most menacing. The reason: Even experienced Internet users can become victims and not know it. The ploy is called pharming - a play off 'phishing,' the previous Internet fraud - and it involves highly skilled hackers who secretly redirect users' computers from financial sites to the scammers' fake ones, where they steal passwords and other personal information. Even the Web address looks the same."

Update: It looks like New Scientist has even picked up on the hype of pharming.