- Microsoft lays out SQL Server road map
- Credit card skimming
- Nortel's stock market capitalization plummets
- The Obama campaign's Search Engine to Nowhere
- Will Apple be forced to make more money?
Newsletters | Podcasts | Chats | Opinions | RSS Feeds | This Week In Print | IT Careers | Community | Reports | Downloads | Slideshows | New Data Center
Partner Sites:Application Performance Solutions | App Performance | Networking Solution | SafeGuard Enterprise Solution Center | SOA | Test your Web Filter | Value of WDS
Reports of a type of online crime known as "phishing" surged by almost 200% in April, according to figures from a computer security industry group.
The Anti-Phishing Working Group (APWG) received reports of more than 1,100 unique phishing campaigns in April, a 178% increase from the previous month, according to figures shared with the IDG News Service. The reports represent a significant increase in phishing scams, which capture personal information from Internet users with a combination of unsolicited commercial ("spam") e-mail messages and Web sites designed to look like legitimate online businesses, said Dan Maier, director of product marketing at Tumbleweed and an APWG spokesman.
The large increase comes on the heels of a 43% rise between February and March, with financial services and retail companies getting hit particularly hard, said Maier.
Citibank alone was the target of 475 unique phishing scams in April. Each of those scams is a separate e-mail campaign that could contain tens of thousands or millions of fraudulent e-mail messages, Maier said.
Citibank did not immediately respond to a request for comment.
Ebay and its online payment service, PayPal, were also hit hard in April. Ebay was the target of 221 unique phishing campaigns, PayPal of 135, he said.
Other leading financial institutions were also frequent targets of phishing scams, including U.S. Bancorp. and FleetBoston Financial, Maier said.
"Based on what (Tumbleweed) has been hearing in the last three or four weeks from our banking customers, there's an increasing urgency to solve the phishing problem," he said. "What's driving it, if you look at the (APWG) statistics for April, is that these companies are getting nailed."
While each report recorded by the APWG corresponds to a unique phishing campaign, the type of phishing attack that is used may not be new in every case, Maier said. In fact, the APWG has evidence that phishing Web pages are being traded online, in the same way that e-mail addresses are traded and sold by spammers, he said.
"This stuff is really prepackaged and ready to go. All you need is a Web server to host it on," he said.
The growing problem also points to increasing interest in the scams by malicious hacking groups and organized crime, Maier said.

Ever since there have been stocks and shares there have been so called "pump 'n' dump" scams. This...
Spyware: Know Your EnemyLike Macavity, the fictional feline in T. S. Eliot's well-known poem, spyware may be considered to...
The Online Shadow Economy: A Billion Dollar Market For Malware AuthorsMalware, meaning computer viruses, trojans and spyware, is about money. The teenagers who wrote...

Microsoft SQL Server has enjoyed phenomenal success as a database server. Its relatively low cost,...
Minimizing the Risk of Information Security Breaches: Best Practices for SOA Governance and Compliance - Live October 21Today's enterprises face more information security risks and vulnerabilities than ever before....
Migrating to Windows Vista: Necessity and OpportunityThe Vista era of Windows is here. Yet most organizations will retain Windows XP alongside new Vista...

Discover why Unified Threat Management Firewalls are ready for the enterprise today. High...
The Evolution of Network SecurityWe have so many holes punched in our firewalls today that many industry insiders question the value...
The self-managed networkWe aren't there yet, but advances in network and systems management tools are making it possible to...
Partner Content
Brilliantly simple security and control solutions for email, web and endpoint
www.sophos.com
Stopping data leakage
Learn how to exploit your current security investment to control the information that flows into, through and out of your network.
Download the white paper.
Why detection rates aren't enough
Evaluating endpoint security products is a time-consuming and daunting task. Learn the six critical questions you need to ask prospective vendors to get the right endpoint solution.
Download the white paper.
Applications: taking back control
Employees installing unauthorized applications is a growing threat to business security and productivity. Cost-effectively reduce this threat by integrating control into your malware protection.
Learn more today.
Comment