June 29, 2004

Phishing lines

Apparently there IS one born every minute. Although I've personally been caught up in a variety of scams in my days, usually not the same one twice AND I try to learn from others. So when I read that phishing and other online fraud schemes are increasing, I wonder . . . Here's an interesting item from VNUNET: Sevenfold increase in phishing attacks. And the snip:

The Anti-Phishing Working Group (APWG), which monitors the internet scams, reported that nearly 40 new attacks were reported every day in May.
This represents a 700 per cent increase on the number of attacks in January this year.
Most commonly, phishers use spoof emails to trick recipients into handing over bank account or other financial details. Spoofs claiming to come from US banks rose 170 per cent in May month on month.

But while the phishing threat is growing, most of the fraudsters use relatively unsophisticated methods to trick victims.

The last graf is typical.

Posted by Grayson at June 29, 2004 12:10 PM