Howard Schmidt, who advised the administration (briefly) on cybersecurity, and also worked for eBay and Microsoft doesn't think phishing scams are that big of a deal. In fact, he believes that within one year, a combination of technology and law enforcement will make phishing a scam of the past. Is he taking bets on that prediction? The main problem is that phishing still is largely a social engineering trick, more than a technology one. Unless you're going to convince everyone that filling out info requested via emails is a bad thing, there's still going to be phishing. Considering the fact that we still haven't be able to convince people (1) not to click on attachments (2) not to reply to spammers and (3) not to download free software without understanding what crap they're loading onto their machines, somehow it seems unlikely that phishing will simply be wiped out within one year.
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