Facebook, Microsoft, Google and Yahoo are among 15 major internet companies who have joined hands in the fight against fishing and spam mails.
AOL, Gmail, Hotmail, Yahoo! Mail , Bank of America, Fidelity Investments, PayPal , American Greetings, Facebook, LinkedIn, Agari, Cloudmark, eCert, Return Path and Trusted Domain Project under a working group called DMARC (Domain-based Message Authentication, Reporting & Conformance) have come up with a policy to combat the threats of phishing and spam.
“ (DMARC) draws upon a history of private industry collaboration with 18 months of dedicated work, to outline an enhanced vision for email authentication that can scale up to today's Internet needs," the working group said .
"Email phishing defrauds millions of people and companies every year, resulting in a loss of consumer confidence in email and the Internet as a whole," a top member of DMARC.org said.
"Industry cooperation - combined with technology and consumer education - is crucial to fight phishing," he added.