Also, the spam business has a yearly income of around ~401 billion US dollars. I guess some people are that oblivious regardless of how obvious the scam is…

I think that 1024 characters is way too many for many users.

Given that there are 1,463,632,361 Internet users, and assuming that only 1% of them are gullible, and only 1% of that 1% are stupid (can we call them retarded?) and assuming that only 0.1% of them have XYZ bank accounts, a phishing campaign could net 146 victims. Now, I think the two 1% figures is understating the problem somewhat….

Rick Sanchez of CNN

read abt it http://news.cnet.com/8301-13577_3-10131251-36.html

“moving with the times Bank of America has decided to use twitter to supply banking information to their customers

Kindly login to your account at http://www.phishsite.com”

whoa…..U think 1024 characters would actually trick people??
sheesh!!

You’ve got to think about all the people that got computers for Christmas, that’s a huge amount of fresh, virginal users that have never been phished before.

As for the lack of monetary value, once the attackers have a reasonable number of accounts under their control, it becomes a lucrative spamming channel or malware distribution network. It could also prove to be an effective bank phishing attack network – you did mention that the users clicking on the link fall into the gullible category!

http://twitterblogs.access-logins.com ??

but it simply shows tht skiddies will phish even sites tht have no monetary value

P.S. Its become a facebook phishing site now……. Roughly at 5:50 PM Indian Standatd Time………hahahahahaha …..a facebook phishing site at http://twitterblogs.access-logins.com ……I repeat, how stupid do U have to be to sign into this!!

Note: when U try to sign in, it redirects to facexbook.com which is another phishing site