18 December 2017
Visit http://cib.db.com

Banks remain top target for phishers

24 January 2005  |  5802 views  |  0 nice phishy

Instead of targeting online retailers in the run up to Christmas, phishers continued to focus on financial institutions as the most targeted sector for spam attacks in December, according to the latest stats released by the Anti-Phishing Working Group (APWG).

The research shows that 85% of spam scams detected during December were directly focused on financial services firms, an increase on the usual 70-80% of phishing attacks targeting the sector.

David Jevans, chairman, APWG, says: "It is interesting to note that the concentration on phishing attacks against financial institutions actually increased to a new high during a time when many were concerned that opportunistic phishers would spoof retail sites, using consumers urgency to keep their e-commerce accounts in order to complete their holiday shopping in time."

APWG says the number of reported hijacked brands grew to 55 in December. Out of the nine brands first reported in the month, eight were financial institutions.

Overall there were 9019 new, unique phishing e-mail messages reported to the APWG in December, a six per cent increase on November but an average monthly growth rate of 38% since July. December also saw a 10% jump in the number of active phishing sites, with 1707 reported in the month compared to 1546 in November.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Australian jailed for sophisticated phishing fraud

Australian jailed for sophisticated phishing fraud

12 January 2005  |  6225 views  |  0 comments
Online bank viability at risk as phishing scams proliferate

Online bank viability at risk as phishing scams proliferate

11 January 2005  |  7752 views  |  0 comments
US task force trawls for phishers

US task force trawls for phishers

10 December 2004  |  6067 views  |  0 comments
Phishing scams soar in 2004

Phishing scams soar in 2004

07 December 2004  |  6560 views  |  0 comments
Phishing fraud losses exaggerated - TowerGroup

Phishing fraud losses exaggerated - TowerGroup

02 December 2004  |  11323 views  |  0 comments
Rise in phishing as cyber crooks automate attacks

Rise in phishing as cyber crooks automate attacks

26 November 2004  |  6906 views  |  0 comments
Financial sector is the top target for cyber attacks

Financial sector is the top target for cyber attacks

16 March 2004  |  8925 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.thomsonreuters.infovisit www.atos.net

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11292 views comments | 3 tweets | 4 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
10284 views comments | 21 tweets | 24 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7798 views comments | 19 tweets | 22 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7519 views comments | 5 tweets | 11 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7437 views comments | 6 tweets | 26 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job