Phishing: Organized Crime for the 21st Century  
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White Papers for Federal Information Security Management Act (FISMA)

Phishing: Organized Crime for the 21st Century

Ciphertrust

Phishing, in which fraudsters extract personal or private information by posing as a party authorized to
receive it, has become a phenomenal threat to the sanctity of online business. This document explores the
scope of the phishing problem and describes the process by which the information harvested in phishing
attacks is passed from one cybercriminal to the next, creating new victims every step of the way.

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