Antiphishing tactic

[dsrtao]

Why don't banks (PayPal, EBay, Amazon, whoever) conduct antiphishing operations? Gather up the URLs sent in by your customers, fill out the forms with tagged information, wait for attempted use of the info, and press charges in the relevant jurisdiction.

(Yeah, it's hard and relatively expensive and besides, banks make money from fraud. But besides that?)

Comments

Re: Follow the money

[learnedax.livejournal.com]

To the second point, determent might be a worthwhile policy, as it ought to be at least a bit more effective than tacit acceptance... provided that the banks' (|ebay's|paypal's|...) motivation here is protecting the customers and lowering their costs.

In the long term semi-successful pursuit might be cheaper than insuring against loss. It also ought to have less tangible benefits. It has to be deleterious to PayPal's image that 99% of emails nominally from them are scams.

Re: Follow the money

[alexx-kay.livejournal.com]

In the long term semi-successful pursuit might be cheaper than insuring against loss.

Might, might not. I notice that many retail stores are no longer bothering to collect signatures for credit card use. I presume that they finally realized that the cost of collecting the signature was far greater than the miniscule benefit provided.