Phishing attacks in the UK rise by 200 per cent!
According to research carried out by the UK payments association, Apacs, phishing email attacks have gone up by 200 per cent in the first quarter of 2008.
During the first quarter of 2008 the number of reported incidents has rocketed to 10,000. Apacs is warning all consumers to be vigilant as these figures show evidence that fraudsters are still using fake emails to trick people into revealing enough personal information to allow access to their bank account or credit card.
The director of communications at Apacs, Sandra Quinn, said in a recent statement: “Although online banking fraud losses fell last year the fraudsters clearly aren’t giving up.”
Although losses due to online banking fraud fell by a third from £33.5 million in 2006 to £22.6 million in 2007 the number of reported phishing incidents have gone up a staggering amount over the same period. In the first quarter of 2006 2,369 phishing incidents were reported, 3,394 for the same period in 2007 and a whopping 10,235 in the first quarter in 2008.
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