According to the latest statistics revealed by Kaspersky, about 10,000 internet users in India face phishing attacks daily from the cybercriminals.
As per the report, the world on an average saw 1.02 lakh phishing attacks everyday last year, compared to 52,000 users in 2011-2012. In 2012,19,000 users were attacked each day in Russia,12,000 in the US, 10,000 in India, 6,000 in Germany, 3,000 in France, and another 3,000 in the UK.
Phishing is a form of internet fraud or a fraudulent practice in which criminals create a fake copy of a popular site and try to lure the users to use these rogue web pages by sending emails in order to induce individuals to reveal personal information.
Overall, the volume and intensity of phishing attacks has more than doubled over the past two years. In 2012-2013, the numbers has risen by 87% for phishing attacks in comparison to that of 2011-2012, taking total number to 37.3 million users around the world that were subjected to phishing attacks.
The report also suggested that most often, phishing attacks are targeted on users in Russia, the US, India, Vietnam and the UK and are most frequently launched from the US, the UK, Germany, Russia and India.
Though the specific targets of phishing attacks vary, the end goal of all malicious users engaged in this type of activity is to make money illegally. This goal is achieved either by directly stealing cash from the victim by fake online banking service pages, online storefronts, and subscriptions to online games.
The attacks may also employ an indirect approach, including the sale of stolen databases in the black market. “A large collection of user data may come in handy for malicious users for a number of different fraudulent schemes involving spam mailings and the spread of malware,” the report said.
With Yahoo, Google, Facebook and Amazon being the top targets of malicious users; online game services, online payment systems, official websites of banks and other credit and financial organizations are also in the target list. Of total, 20% of attacks were targeted towards banks and other credit and financial organizations.
May 2013 Fraud Report, by RSA, The Security Division of EMC, also reveals some similar findings. The report stated that India is amongst top three countries targeted by phishing attacks by brands. India accounted for eight per cent of the total phishing attack volume worldwide in April alone, states the report.
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