While I normally don't condone vigillantism in any form, after getting more than a thousand spammails this week from phishing expeditions I'll gladly make an exception for these folks:

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Underground showdown: Defacers take on phishers

A small percentage of Web sites illegally set up for phishing scams have been defaced with warnings to potential victims. While illegal, some Internet watchers believe the trend could be beneficial.

By Robert Lemos, SecurityFocus May 20 2005 10:37AM

Groups fighting against online criminals intent on phishing have gained allies from another species of underground miscreant: Web-site defacers.

On Thursday, Internet monitoring firm Netcraft reported that some users of the company's anti-phishing toolbar followed links to fake financial sites only to find them defaced with anti-phishing messages. While defacements in the past have consisted mainly of sophomoric messages and political diatribe, the recent attacks by Web-site defacers on phishing fraud could actually help warn online users before they become victims, said Paul Mutton, a services developer for Internet monitoring provider Netcraft.

"It is undoubtedly a good thing in that they are helping to protect innocent web users," he said. "On the other hand, it is perhaps unfortunate in that it's probably illegal."
....
<http://www.securityfocus.com/news/11212>

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At the bottom of the page is a modest discussion thread, in which a couple of the hackers boast and a lot of others sing their praises.

--
 Richard Gaskin
 Fourth World Media Corporation
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