Pharming Is Twist Of Phishing

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Security experts are now concerned about a new Internet-related fraud known as "Pharming" and which aims to fool online users through a virus that alters the behavior of Internet browsers so that when a user logs on a banking site he is redirected to a fake site.

"Pharming is probably where phishing was 12 months ago," MX Logic's chief technical officer Scott Chasing told Bank Technology News magazine.

Last year there was such a virus that infiltrated users of the e-gold.com system that allows account holders to trade electronic currency backed by gold bullion.

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