Dinna N. M. N. and Leau Y. B. and Habeeb S. A. H. and Yanti A. S.
Managing Legal, Consumers and Commerce Risks in Phishing
585 - 590
2007
1
11
International Journal of Economics and Management Engineering
https://publications.waset.org/pdf/5717
https://publications.waset.org/vol/11
World Academy of Science, Engineering and Technology
Phishing scheme is a new emerged security issue of
ECommerce Crime in globalization. In this paper, the legal scaffold
of Malaysia, United States and United Kingdom are analyzed and
followed by discussion on critical issues that rose due to phishing
activities. The result revealed that inadequacy of current legal
framework is the main challenge to govern this epidemic. However,
lack of awareness among consumers, crisis on merchants
responsibility and lack of intrusion reports and incentive arrangement
contributes to phishing proliferating. Prevention is always better than
curb. By the end of this paper, some best practices for consumers and
corporations are suggested.
Open Science Index 11, 2007