Investing

E-Mail Giants, Sick Of "phishing", Vow To Combat It

“Phishing”, the illegitimate use of email to trick recipients into a scam or other action that might harm them financially, has been a problem nearly since email was invented. There have been a number of organized attempt to block the actions of the company that use “phishing”,, but all have failed badly.

Now, email giants AOL (NYSE: AOL), Yahoo! (NASDAQ: YHOO), Microsoft (NASDAQ: MSFT), and Google (NASDAQ: GOOG) will become allies with other like-minded firms to try to undermine the “phishing” industry, if it can be called an industry, again.

The WSJ reports

the firms have created DMARC.org, a working group of 15 companies that plans to promote a standard set of technologies that they say will lead to more secure email.

But,  “phishing” firms are clever and have stayed ahead of efforts to block their emails for years. There is no reason to think the new initiative will do any better

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