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Study CUs make up 6 of phishes for third month
BEDFORD, Mass. (9/15/10)--Phishing attacks spiked during July, with a 21% increase in the number of attacks worldwide over June, according to RSA's Online Fraud Report for July. Attacks against credit unions remained steady, at 6% of the attacks. July saw a total of 16,756 phish attacks, where send fake e-mails and other messages pretending to be a financial institution or other institution in hopes of tricking recipients into divulging personal financial information. That compared with 13,844 phish attacks in June. While down significantly from January's 18,820 attacks, July's attacks were 3,544 more than in July 2009, said the report. "While there was a sharp spiked in phishing attacks, our analysis shows this growth can be directly attributed to an increase in the number of attacks launched against a handful of large entities," said RSA. National banks remained the most targeted financial segment in the U.S., although they dropped slightly in the percentage of attacks--to 64% from June's 68%. That is nearly three times the number of attacks they suffered in July 2009, when they were hit by 25% of the phish attacks. Regional banks saw 30% of attacks during July, a 4% increases from June's 28% of attacks. In January, they accounted for 61% of the attacks. A year ago, regional banks suffered 58% of the attacks. Credit unions remained consistent--at 6% of attacks--for the third month in a row. That was nearly two-thirds less than the 17% of attacks they weathered in July of last year. They have dropped from 14% in January and 12% in February, to 4% in both March and April, before increasing to 6% in May. The U.S. remained the largest country for both hosting attacks--it hosted 61% of the phishing attacks--and for being targeted--it had 47% of attacks. Phishing attacks were launched against 217 brands worldwide, one brand more than in June. The number of brands targeted fewer than five times during the month was similar to June's total. For July's report, RSA fraud analysts went window shopping in the cybercriminal marketplace. They produced a shopping list, and priced the goods and services bought and sold by cybercriminals. RSA fraud analysts discovered that credit card information is being sold for less than the price of a cup of coffee. Most goods are going for less than $50, providing criminals with a strong return on investment as the products yield hundreds or thousands of dollars at victims' expense. For more details on the shopping list, use the link.
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