Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Phish attacks vs.CUs at lowest level says report
BEDFORD, Mass. (10/1/10)--Phishing attacks against U.S. credit unions dipped during August to their lowest level, although phishing attacks overall rose to 17,935 attacks from July's 16,756, says a new report for August. RSA's Online Fraud Report, released monthly by the Bedford, Mass. firm, reported that phishing attacks launched worldwide in August increased 7% from July, the fourth highest spike since August 2009, when the total was 16,164 attacks. Credit unions suffered just 3% of the attacks, a three percentage point drop from July and a significant plunge from 24% of attacks recorded by the firm in August 2009. They slipped from double digits recorded through most of 2009, into single digits in March 2010, when they accounted for 4% of the phish targets. Credit unions have been between 4% and 6% of attacks the past six months. Other financial institutions saw attacks against their brands increase. For the sixth consecutive month, nationwide U.S. banks climbed 1%--they were targeted in 65% of attacks recorded by RSA in August. Regional U.S. banks climbed 2% to comprise 32% of the attacks. A year ago national banks had only 31% of the attacks, and regional banks accounted for 45% of the phish targets. RSA said the bulk of the August increase in overall phishing resulted from attacks targeting a handful of financial institutions. Phishers prefer to focus their effort on a targeted group rather than spread their attacks across the board, said RSA's report. The number of brands attacked in August totaled 216, compared with July's 217 and June's 216. The number of brands attacked less than five times in August totaled 122, a 7% increase from July, said the report. Sixty percent of attacks in August were hosted in the U.S. The report also provided examples of information recently stolen by cyber thieves. It said the line between use of consumer and enterprise computers is blurring, and that trend is introducing more challenges for those trying to protect information. Use the resource link for more details.
Other Resources

RSS print
News Now LiveWire
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
5 minutes ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
1 hours ago
#NewsNow Bankrate cites Schenk on 100M membership reach http://t.co/iNwjpZRJp4
2 hours ago
Aug. consumer confidence highest since 10/07, says @Conferenceboard See #NewsNow http://t.co/pzGAYvIjYp
2 hours ago
Kill-switch to protect phones? Calif gov signs bill that may lead to natl trend http://t.co/KCWOPJRtJi
2 hours ago