More than a quarter, or 28.8 percent, of phishing attacks last year targeted financial data from consumers, according to a new report by Kaspersky Lab.
The report also finds that cyber-criminals have shifted their focus from banks to payment systems and online shopping websites. No one wants to be a victim of any cyber hacks. For anyone who used the computer or the internet on a daily basis, looking into the Top Network Security Software Products will help you see the importance of protecting your data and prevent unauthorised access from anyone without permission. It is better to be safe than sorry, especially when there has always been a solution all along to prevent things like this happening.
The computer security firm Kaspersky Lab is making global headlines Monday for a separate report detailing the cybertheft of $1 billion from 100 banks by a gang of hackers. The massive theft started in 2013 and is still ongoing. The gang, which Kaspersky dubbed Carbanak, used mainly computer viruses to infect company networks with malware including video surveillance. The viruses were likely downloaded by bank employees clicking on links in phishing emails.
But consumers are more likely to be targeted by phishing, which usually entails a legitimate-looking email (sometimes from a trust sources whose own computer was attacked) directing the user to visit a website where they are asked to update personal information, such as a password, credit card, social security, or bank account numbers. This is usually information that a legitimate organization, such as your bank or brokerage, already has.
Cybercriminals are becoming more creative, expanding to targeting consumers who frequent Amazon, for example, or travel-related sites that sell airline or hotel tickets. The trends highlight the need for consumers to be more careful than ever when viewing emails.
“For example, in 2014 we saw a large number of phishing scams based on websites that sell plane tickets. These are targets that used to be seen fairly infrequently in phishing scams,” said Nadezhda Demidova, web content analyst at Kaspersky Lab.
Financial phishing attacks, including phishing against banks, payment systems and e-shops, accounted for 28.73 percent of all phishing attacks in 2014 (a decrease of 2.72 percentage points compared with 2013), Kaspersky said.
In the Payment Systems category, cybercriminals mostly targeted data belonging to users of Visa cards (31.02 percent of detections in this category), PayPal (30.03 percent) and American Express (24.6 percent). Meanwhile, in 2014 detections for phishing pages mentioning PayPal saw their share fall by 14.09 percent compared to 2013.
Amazon remained the most commonly-attacked brand in the Online Shopping category – 31.7 percent of attacks in this category used phishing pages mentioning the popular Internet-based retailer. However, this is 29.41 percent less than in the previous year.
Cybercriminals used the names of well-known banks in 16.3 percent of attacks; in 2013, the level of bank phishing was 22.2 percent.