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| | Phishing still reeling victims in |
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Categorie: Computer Crime
Posted: 2004-12-11 by ReCall
Views: 475
Source: Click here
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Phishing attacks are still on the rise, and using new techniques to hook victims.
Envisional, a UK-based Internet monitoring firm, has issued a report highlighting the increase in phishing attacks. Not only is the overall number of attacks increasing, but more and more banks are being targeted by fraudsters.
The number of attacks on financial institutions has soared by 586% since June 2004, with the average number of attacks per day rising from 2.6 to 5. Nearly all well-known banks have been targeted, including Citibank and the UK bank Lloyds TSB.
Ben Coppin, Envisional's Chief Operating Officer, believes that the trend will hold, with an upsurge in phishing attacks over the Christmas period. 'This year more people than ever will be Christmas shopping on the internet, and will be using online payment methods to do so...many will be carrying out online transactions for the first time. The perpetrators of phishing fraud will no doubt be ready to take advantage of the inexperienced and the unwary."
Meanwhile The Register, a popular information technology new site, has reported on a new type of phishing attack. The hook is an email offering employment as a regional representative or general assistant with ICG Commerce, with high pay for minimal work. However, the work involved is illegal -transferring funds between accounts on behalf of phishers.
ICG Commerce is a legitimate US enterprise. But if a victim clicks on the link included in the email, they are directed to a bogus site not connected with the company. Potential 'employees' are asked to submit personal information, which may later be stolen and used in identity fraud.
Early phishing attacks were easy to spot: sites had crude graphics, and messages contained plenty of errors. However, increased public awareness is forcing phishers to stay one step ahead of the game. Many phishing sites are now extremely professional, with nothing to distinguish them from legitimate sites.
Responsible financial institutions are now warning their customers not to respond to unsolicited email requesting personal information, no matter how genuine the email looks. And as for spam which promises jobs or free training courses, just remember - if it looks too good to be true, it's almost certainly a scam.
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