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VOIP presents major security risk, expert warns
(old news - 11:14AM Wednesday Sep 20 2006)
Companies switching to VOIP make themselves vulnerable to phishing attacks, researcher warns
By Sumner Lemon, IDG News Service

Banks and other companies switching their phone systems to VOIP (voice over Internet Protocol) are making themselves vulnerable to phishing attacks for which there are currently no effective detection or prevention tools, a security researcher warned Wednesday. Free IT resource

"People will be able to penetrate bank networks and hijack their phone lines," said an independent security researcher, known by his pseudonym The Grugq, in an interview. VOIP is becoming increasingly common as companies and operators look to the technology to help cut costs, which makes them more vulnerable to attack, he said.
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