Cybercrime gangs seek victims in untapped markets

By   ISBuzz Team
Writer , Information Security Buzz | Nov 07, 2013 09:00 pm PST

A record number of brands were targeted by phishers in the second quarter of 2013, according to APWG. A total of 639 unique brands were targeted by phishing attacks in the period, topping the previous high of 614 seen in the fourth quarter of 2012.

The trend indicates that cybercrime gangs are spending time looking for new companies and Internet users to victimize. The total number of unique phishing websites was up slightly, from 118,073 in Q1 to 119,101 in Q2.

“The landscape continues to evolve as fraudsters seek new victims in untapped markets by targeting more brands,” said Ihab Shraim, CISO and Vice President Anti-Fraud Engineering and Operations at MarkMonitor.

The report also documents other shifts in criminal behavior. Russia has traditionally been near the top of the list of countries where phishing websites have been hosted. But in June 2013, phishing on Russian hosting facilities almost disappeared, with Kazakhstan suddenly appearing in the number 2 spot.