Your e-mail account is a goldmine. Technology companies push hard to keep your data secure, but there are plenty of scumbags out there who always seem to find a new way to gain an edge over the guys in white hats. Phishers, in particular, are eager to find new ways to profit from your identity and information, and they're getting some new tricks.

Phishing scam activity was quiet at the beginning of this year, according to a report in USA Today, but these attacks surged 200% from May through September, says the X-Force team at IBM (NYSE: IBM). Webmail, social media and gaming accounts are their primary targets. E-mail access, in particular, is highly sought after, since they can be use to push out spam ... while bypassing filters.

These "virgin" e-mail accounts command top dollar: a digital criminal can pick up as much as $2 for a clean account from Microsoft (NASDAQ: MSFT) Windows Live, Google (NASDAQ: GOOG) Gmail, Yahoo (NASDAQ: YHOO) YahooMail or AOL (NYSE: TWX). This is more than twice the amount typically paid for a stolen credit card account, according to Fred Rica, principal in the security practice at PricewaterhouseCoopers. Many webmail users actually do half the criminals' job for them, with 33% using just one password online and 48% using only a handful.

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Phishers using new lures originally appeared on BloggingStocks on Wed, 28 Oct 2009 13:50:00 EST. Please see our terms for use of feeds.

MAJOR PAPERS:

• To help stop Microsoft Corporation's (NASDAQ: MSFT) $44.6 billion takeover offer, Yahoo! Inc. (NASDAQ: YHOO) is in talks with Time Warner Inc. (NYSE: TWX) about combining internet operations. Meanwhile, Microsoft is talking with News Corporation (NYSE: NWS) about a joint bid for Yahoo! And Yahoo! is is considering a possible advertising agreement with Google Inc. (NASDAQ: GOOG), the Wall Street Journal reported.
• The Wall Street Journal also reported that IAC/InterActiveCorp (NASDAQ: IACI) is planning to launch a number of new web sites, and hopes to capture a variety of audiences including African-Americans, children and news followers.

WEB SITES:

• Lehman Brothers Holdings Inc. (NYSE: LEH) said it liquidated three investment funds, with assets valued at $1 billion as of February 29, because of "market disruptions," Bloomberg reported.
• Reuters reported that the U.S. Department of Defense approved the sale of 157 armored trucks to Britain. The trucks are built by Force Protection Inc. (NASDAQ: FRPT), and the deal is valued at $125 million if all options are exercised.

Newspaper wrap-up: Yahoo talks with Time Warner, Google; Microsoft talks with News Corp. originally appeared on BloggingStocks on Thu, 10 Apr 2008 08:20:00 EST. Please see our terms for use of feeds.