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Phishing for information

19 February 2004  |  1378 views  |  0 keyboard

E-mail fraud and phishing scams grew by more than 50% in January, with an average of 5.7 new, unique attacks sent out to millions of consumers each day.

In January, there were 176 new, unique phishing attacks reported to the Anti-Phishing Working Group (APWG), a consortium founded late last year by Tumbleweed Communications and a number of financial services institutions and e-commerce providers.
The company most targeted by the fraudsters was online auctioneer eBay with the most targeted industry sector being financial services. Citibank was the second most attacked company in January with 35 scams hijacking its brand.
The report warns that e-mails designed to fool recipients into downloading keyloggers and other Trojan programmes represent an emerging threat, and illustrate the growing sophistication of the fraudsters.

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