Business Issues -> Security & Risk
Released: 25th June 2013
Publisher: Kaspersky Lab
3,000* UK internet users were subjected to phishing attacks each day in 2012-2013, an increase from 1,000 in 2011-2012, according to results from Kaspersky Lab’s “The evolution of phishing attacks” report. The analysis, which was carried out in June 2013 and based on data from the Kaspersky Security Network cloud service, shows that what was once a subset of spam has evolved into a rapidly growing cyberthreat in its own right with Facebook, Yahoo! Google and Amazon the websites most targeted by phishers in the UK.
Phishing is a form of Internet fraud in which criminals create a fake copy of a popular site (an email service, an Internet banking website, a social networking site, etc.) and try to lure the users to these rogue web pages. The unsuspecting user enters their login information and passwords into these carefully forged websites as they normally would, but these access credentials are instead sent to the cybercriminals.
The scammers can then use this stolen personal information, bank credentials or passwords to steal the users’ money, to distribute spam and malware via the compromised email or social networking accounts, or they can simply sell their databases of stolen passwords to other criminals.
For a long time, phishing was regarded as a variation of typical spam emails. However, the data from this report confirms that the scale of phishing attacks has reached such a significant level that they should be regarded as a dangerous threat category of their own, not merely an off-shoot of general spam. In fact, email is no longer the most common delivery mechanism for phishing emails with only 12 per cent of all registered phishing attacks globally were launched via spam mailings. The other 88 per cent of cases came from links to phishing pages which people followed while using a web browser, a messaging system (Skype, etc.) or otherwise interacting with the computer.
Main Research Findings
“The volume and variety of phishing attacks detected during the analysis indicates that phishing is not merely one tool among many for the illegal enrichment of fraudsters, but represents a significant and visible threat. These attacks are relatively simple to organise and are demonstrably effective, attracting an increasing number of cybercriminals to this type of illegal activity. The volume of phishing attacks, which according to Kaspersky Security Network nearly doubled in a single year, confirms this trend", said Nikita Shvetsov, Deputy CTO (Research) at Kaspersky Lab.
A PDF version of the full report ‘The evolution of phishing attacks 2011-2013’ is available to download here.
Published by: electronicdawn Ltd.