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Bank users are leading targets for phishing

by Brian Sims

Kaspersky Lab has stated that 20.64 per cent of phishing attacks registered between May 2012 and late April 2013 targeted users of banks and other financial organisations. The figure emerged from research into phishing threats carried out using data from the cloud-based Security Network. The data is indirectly confirmed by the banks – according to the results of a global survey conducted in Spring 2013, about 37 per cent of all banks surveyed were affected by phishing attacks at least once over the previous 12 months. The organisation claims it is no surprise that banking and e-commerce has attracted unwanted criminal attention. With an attack on other sources that yields personal data, cyber criminals must then find buyers for the information. However, successfully using fake online banking or shopping pages leads directly to earnings for the criminals. Despite the widespread dangers of phishing attacks, simply installing a security product with the necessary functionality to protect financial operations will protect even the most inexperienced users when conducting transactions online.

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