The Digital PhishNet is Cast

The folks at Digital PhishNet wants you to know that "Phishing is about to become a very dangerous sport."

According to their introductory press release, representatives from a number of industries and international law enforcement agencies have established Digital PhishNet, a collaborative enforcement operation that unites industry leaders in technology, banking, financial services and online auctioneering with law enforcement to tackle "phishing" online identity theft. Developing supporters of Digital PhishNet include America Online Inc., Digital River Inc., EarthLink Inc., Lycos Inc., Microsoft Corp., NetworkSolutions, VeriSign Inc., the Federal Bureau of Investigation (FBI), the Federal Trade Commission, the U.S. Secret Service and the U.S. Postal Inspection Service. Digital PhishNet establishes a single, unified line of communication between industry and law enforcement, so critical data to fight phishing can be compiled and provided to law enforcement in real time. While other industry groups have focused on identifying phishing Web sites and sharing best practices and case information, DigitalPhishNet claims to be the first group of its kind to focus on aiding criminal law enforcement and assisting in apprehending and prosecuting those responsible for committing crimes against consumers through phishing.

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