Phishing Attacks on Rise Netcraft Says

• By theWHIR.com , April 22, 2004

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Phishing attacks involve the mass distribution of "spoofed" or forged email messages with return addresses, links, and branding which appear to come from legitimate financial institutions but are designed to lead recipients towards fraudulent Web sites that attempt to trick them into divulging personal data such as account usernames, passwords, credit card numbers and social security numbers.

According to Netcraft's report, 98 of the scams in March were targeted at Citibank, climbing from 58 in February. Ebay was again the top target of phishing scams, with 110 attacks. PayPal suffered 63 attacks and Fleet Bank was the victim of 23.

The data showed that 94 of the attacks in March occurred in the final four days of the month, suggesting that the volume of phishing attacks continues to rise.

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