Phishing Affects Lakhs of Users Daily – Research by Kaspersky

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protect passwordA recent research done by cloud based security network, Kaspersky reveals that majority of phishing attacks targeted banks and financial institutions. One in five phishing attack registered between May 2012 and late April 2013 (20.64% of all such threats) involved users’ account at banks and other financial organizations all across the world.

“It is no surprise that banking and e-commerce have attracted unwanted criminal attention: even a successful attack on search pages, social networks or email can only yield personal data. To turn a profit, cybercriminals must find buyers for this information. However, successfully using fake online banking or shopping pages leads directly to earnings for the scammers,” said a press release from the lab.

The data research is also confirmed by many banks in an indirect way when 37% of all banks which were surveyed in a global survey by B2B international and Kaspersky Lab in 2013 affirmed to suffering from Phishing attacks at least one time during these last 12 months.

Phishing, a popular method of internet fraud presents to a user, a fake website which looks exactly the same like the original web page (mostly banks, social networking, e-commerce sites) to lure him into entering confidential or personal information there.

A recent report by Kaspersky established that about 10000 Internet users in India are harmed by the phishing attacks every day. According to the report, last year the world faced almost 1.02 lakh phishing attacks daily as compared to a much lower number during the year 2011. “In 2012-2013, 102,100 users around the world were subjected to phishing attacks on a daily basis. In Russia, 19,000 users were attacked each day, 12,000 in the US, 10,000 in India, 6,000 in Germany, 3,000 in France, and another 3,000 in the UK,” the report mentioned. With the growing internet usage and a boom in e-commerce and banking transactions online, the volume of such attacks has increased dramatically, up by around 87% from 2011-12.

The report also revealed that most of these attacks were initiated from US, UK, Germany, Russia and India. The top websites that are aimed by the cybercriminals are Yahoo, Gmail, Facebook and Amazon apart from online gaming and transaction services, banks and other financial institutes etc.

There are a variety of precautions a user can take to save himself from these malicious users. These include installing a proper anti-virus on the system and security extensions on the web browser, typing in the URL manually while handling sensitive websites like that of banks etc, using virtual keyboard provided by the websites and checking the validity of the site before entering credentials.


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