Is Wells Fargo opening a can of worms?

Wells Fargo is introducing anti-fraud alerts for its online banking customers, and I just have to wonder how long it will be until phishers are faking the same for less worthwhile (or more worthwhile, if you are the perp) causes.

Included in the bunch will be alerts when a suspicious access attempt (to accounts that is) is made, as well as notifications when transactions exceed a certain volume. While the latter might be helpful (as long as folks actually use it), the former sounds like a prime way for phishers to get access in the first place. It will be interesting to hear the hows and whys of what makes access suspicious – if Wells plans on tracking IP addresses and using cookies, I suspect the whole thing is going to be a big pain in the butt in our mobile/wireless, browser cookie blocking world.

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