Phishing Trends Report for Q2 released

Written by Heidi Harris Thursday, 19 August 2010 12:11

Internet Identity released its Phishing Trends Report for Second Quarter 2010.

Highlights of the report include:

• Phishing attacks by Avalanche, one of the most prolific cyber criminal gangs (responsible for two-thirds of the world's phishing attacks in the second half of 2009), have essentially disappeared. However, it has turned to distributing Zeus malware which is capable of hijacking computers, then stealing banking, social networking and email account logins, and making that information available as part of a criminal network.

• Non-Avalanche phishing attacks increased 12 percent year-over-year, filling much of the void left by the disappearance of Avalanche phish.

• Traditional bank phishing continues to comprise about 50 percent of overall phishing. However, that is down from almost 60 percent in Q2 2009.

• The U.S. increased its share while retaining the top spot for overall phish hosting volume; Canada jumped from seventh to second.

• Domain Name System (DNS) hijackings continued to proliferate, as several major brands were taken over in Israel.

Download the complete Fraud Intelligence Newsletter at http://www.internetidentity.com/images/stories/docs/phishing_trends_report-q2-2010_by_iid.pdf

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