Bank Phishing Attacks Snare Few Victims But Tally Major Damage


Recommended Posts

Bank Phishing Attacks Snare Few Victims But Tally Major Damage

Live phishing attack data on major banks shows just a small percentage of victims translates into big profits for bad guys and big losses for bank customers Dec 04, 2009 | 11:00 AM

By Kelly Jackson Higgins

DarkReading If you've ever wondered just how lucrative a phishing campaign against your bank can really be, then consider this: Phishers actually land a tiny percentage of victims, but the end result is big bucks -- to the tune of $2.4 million to $9.4 million a year, according to a new study that measured real phishing attacks on banks.

Trusteer, which gathers phishing intelligence via its Rapport browser security plug-in, found only 0.47 percent of a bank's customers fall prey to phishing attacks each year, but the bad guys typically make about $2,000 on each customer's account they compromise. The company collected data during a three-month period from 10 large banks in the U.S. and Europe, and then for the report (PDF) normalized the data per 1 million user.

full story at darkreading - http://www.darkreading.com/security/vulnerabilities/showArticle.jhtml?articleID=222000597&subSection=Vulnerabilities+and+threats

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...