Thousands are Falling Victim to Phishing Frauds

By   ISBuzz Team
Writer , Information Security Buzz | Jan 21, 2016 08:00 pm PST

The National Fraud Intelligence Bureau and website Get Safe Online have today revealed that the number of victims of phishing frauds rose 21% in just a year. In addition, phishing now accounts for a quarter of online crime with victims losing up to £38,000 each. You can find more on this news here. Raj Samani, CTO for Intel Security EMEA have the following comments on it.

[su_note note_color=”#ffffcc” text_color=”#00000″]Raj Samani, CTO for Intel Security EMEA:

“It’s extremely concerning to hear that the number of phishing victims has risen by 21%. Yet, sadly it isn’t all too surprising. In fact, recent research from Intel Security exposed price points for stolen data bought and sold in cybercriminal marketplaces, finding the average estimated price for stolen credit and debit cards is $20 to $35 in the UK alone – cyber criminals are becoming increasingly savvy and its important consumers understand this threat is very much a reality.

“Brits must to be wary of unexpected emails, even if they are cited as being from a brand they are familiar with. Think twice before acting, calling up your bank directly if you’re concerned about anything before taking action. We have to make sure we stay one step ahead of the cyber criminals and caution is the best way forward here.”[/su_note]

[su_box title=”About Intel Security” style=”noise” box_color=”#0e0d0d”]Intel SecurityMcAfee Labs is now part of Intel Security. With its Security Connected strategy, innovative approach to hardware-enhanced security, and unique McAfee Global Threat Intelligence, Intel Security is intensely focused on developing proactive, proven security solutions and services that protect systems, networks, and mobile devices for business and personal use around the world. Intel Security is combining the experience and expertise of McAfee with the innovation and proven performance of Intel to make security an essential ingredient in every architecture and on every computing platform. The mission of Intel Security is to give everyone the confidence to live and work safely and securely in the digital world.[/su_box]

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