Phishing Trends Report for Q1 released

Written by Heidi Harris Thursday, 17 June 2010 17:49

Internet Identity released its Phishing Trends Report: An Analysis of Financial Fraud Threats for First Quarter 2010.

Highlights of the report include:

• Text-to-phone phish attacks down 62% from Q4 to Q1

o Non-branded attacks all but gone

o Credit unions represented 83% of unique brands targeted

o High volume attacks focused on money center banks

• Avalanche attack volume decline, tactics change

o Volume in March 90% less than in January

o Focus shifted to distributing Zeus malware

• Top countries hosting non-Avalanche phishing attacks

o US hosted 46%

o France, Germany, Russia and South Korea with 5% each

• Haiti devastation provides opportunity for fraudsters

o Red Cross and other charities targeted

o FBI sounded warning

• DNS hijacking attacks continued around the world

o Baidu (China), Tata Consulting (India), and whois.com (US) attacked

o Baidu sued Register.com to establish blame

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