The myth of the Ninja Hacker
Washington D.C. -- On Wednesday, in a talk at Black Hat D.C. 2008, two researchers set out to see whether phishing sites were created by the "Einsteinian, ninja hackers that the media makes them out to be."
In a talk titled "Bad Sushi: Beating Phishers at their own game," Nitesh Dhanjani and Billy Rios found not a sophisticated gang of elite coders, but hundreds of bad coders all copying one another, and often stealing from each other.
Dhanjani and Rios expressed disapproval of antiphishing products that use black lists to block known phishing sites. … Read more