Phishing is an attempt by an individual or a group to thieve personal confidential information such as passwords, credit card information etc from unsuspecting victims for identity theft, financial gain and other fraudulent activities. In this paper we have proposed a new approach named as "A Novel Antiphishing framework based on visual cryptography" to solve the problem of phishing. Here an image based authentication using Visual Cryptography (vc) is used. The use of visual cryptography is explored to preserve the privacy of image captcha by decomposing the original image captcha into two shares that are stored in separate database servers such that the original image captcha can be revealed only when both are simultaneously available; the individual sheet images do not reveal the identity of the original image captcha. Once the original image captcha is revealed to the user it can be used as the password.
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