Spear Phishing on the Rise
Thursday, October 28th, 2010According to ESecurity Planet, the latest report from security software vendor Symantec reveals an alarming increase in so-called spear-phishing attacks in the retail industry, as scam artists targeted small groups of employees and executives at major retailers.
The report, which also found that one in 488 emails sent in October was a phishing attack aimed at stealing either passwords, login credentials or other personal information, said that these coordinated phishing campaigns have surged from one or two cases a week just five years ago to more than 70 a day this month.
Spear-phishing attacks, the email campaigns that target phishing attacks at “big fish”–senior level executives, people with valuable contacts or account info, etc.–surged to 516 separate incidents in the retail sector this month, up from just seven attacks for the rest of the year.
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