Dec

9

Report: Half of Phishing Site Visitors Give Up the Goods

This article from the Credit Union Times gives us the following statistics about phishing sites.  A good reminder that phishing is a real threat, be aware, and don’t become a part of the statistics.

About half of those online bankers who do visit fraudulent phishing sites pretending to be from their financial institution serve up their log-in credentials, according to Trusteer, an international anti-phishing specialist.

Fortunately, that’s a very small number, but the financial losses could still mount up, the company said.

The company said an analysis of phishing attacks against 10 large U.S. and European banks over a three-month period found that about 1% of phishing e-mail recipients visit the fraudulent sites and that half of those then entered their credentials, presumably into the hands of waiting cyber-criminals.

The potential financial loss for that relatively small number of affected accounts would range between $2.4 million and $9.4 million a year per one million online banking clients, Trusteer said.

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