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Wednesday, April 26, 2006
Phishing goes international
The number of phishing attacks targeting non-English speaking financial institutions is on the rise. Attacks targeting countries outside the English-speaking world now represents almost 40 per cent of worldwide phishing targets, according to data processed by RSA Security’s Anti-Fraud Command Centre.
RSA says the trend is down to a combination of factors including an increase in the number of online banking users in Europe and Asia Pacific, banks offering increased functionality as part of online services, and heightened sophistication on the part of hackers.
Fraudsters are essentially crooked entrepreneurs; they are constantly looking for the greatest return for the smallest investment, and financial institutions in relatively untapped markets with users unfamiliar with phishing attacks are an attractive target.
http://www.theregister.co.uk/2006/04/26/international_phishing_survey/