21 March 2008

New research shows that widespread phishing attacks have suddenly risen exposing banking customers to increased levels of online fraud.    

The research, carried out through NetNames’ sister company Envisional revealed that there has been a 70 per cent rise in phishing attacks between December 2007 and February 2008.  

According to the Quarterly Fraud Report from NetNames, in the month of February alone there were over 60,000 phishing emails sent to customers of the financial services organisations.

This news is a shock to the online security of consumers after the amount of phishing emails had reduced significantly in the final months of 2007.

The top 3 ‘phished’ banks have increasingly become the focus of the majority of attacks, accounting for 77 per cent of all phishing emails in December, 79 per cent in January and a massive 88 per cent in February.

Jonathan Robinson, Chief Operating Officer of NetNames commented:

Consumers must be aware of this renewed and increasing threat and make sure that they never give out personal details over email, and it is also crucial for the reputation of financial services organisations that they make their customers aware of and help protect them from these threats.



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