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CU System
Online fraud attacks vs. FCUs drop 50 since May
BEDFORD, Mass. (8/21/08)--Phishing attacks against federal credit unions for the month of July decreased nearly 50% since May, according to the July Online Fraud Report from RSA's Anti-Fraud Command Center (AFCC). However, attacks against regional banks rose, said RSA. Those attacks were more than attacks against nationwide banks and federal credit unions combined during July. Although the total number of phishing attacks decreased in July to its lowest rate since February, first-time attacks against new entities rose by about 30%, said the Bedford, Mass., company. Twenty-nine new organizations were targeted in July. During July, the U.S. continued to dominate in distribution of targeted banking brands with about 60%. RSA also reported the demise of Neosploit, a professional malware infection kit that exploited system vulnerabilities to infect computers worldwide. Neosploit was considered the most advanced infection kit and was adopted widely among online criminals, RSA said. The company attributed Neosploit's demise of to the burden of a rapidly growing customer acquisition rate and a lack of substantial revenue.
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