Security Firm Touts Twitter to Fight Fraud

May 31, 2011

Security company IronKey, noting that phishing attacks are corroding trust in email, points to an Australian bank’s recent use of Twitter as an appropriate channel to notify customers of fraud threats. IronKey says banks could learn from Australia’s WestPac, which last week sent a tweet to its 5,000 followers to warn them about a fraudulent e-mail that had been making the rounds. Dave Jevans, chairman of IronKey, says: “By using Twitter to publicize Internet security threats, banks can warn customers instantaneously, without sending them e-mails which could themselves be construed as malicious phishing attempts.”