Feeds

Phishing gets personal

Harpoons replace trawlers in hunt for victims

  • alert
  • submit to reddit

Security for virtualized datacentres

Fraudsters are using stolen information to lure victims into divulging additional sensitive information in a new form of phishing attack. These so-called personalised phishing attacks target individual named accountholders at specific banks, according to anti-fraud software firm Cyota.

Crooks are using real information about the accountholder – such as the person’s name, correct full account number, and other bank information – to make the emails look more legitimate and thereby increase response rates. The approach contrasts with typical phishing attack where fraudsters randomly dispatch thousands of spam emails without the slightest attempts to target their attacks.

Personalised phishing attacks seek to supplement existing lists of stolen credentials with even more sensitive information, such as ATM PIN numbers or credit card CVV codes.

"This highly coordinated, two-phase fraud attack demonstrates the lengths that fraudsters will go to maintain a high rate of success, and the need for constant innovation among banks and their security providers to match the continuing evolution of online threats," said Amir Orad, executive VP of marketing at Cyota.

The company advises consumers not to follow links within emails ostensibly from their bank or online merchant requesting personal or account information. Instead, users should go directly to the site concerned to verify a request or complete the transaction. ®

Related stories

Brits fall prey to phishing
Phishing morphs into pharming
AOL seeks to block phishing sites
Fear of phishing hits e-commerce

Secure remote control for conventional and virtual desktops

More from The Register

next story
NASTY SSL 3.0 vuln to be revealed soon – sources (Update: It's POODLE)
So nasty no one's even whispering until patch is out
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Forget passwords, let's use SELFIES, says Obama's cyber tsar
Michael Daniel wants to kill passwords dead
FBI boss: We don't want a backdoor, we want the front door to phones
Claims it's what the Founding Fathers would have wanted – catching killers and pedos
Kill off SSL 3.0 NOW: HTTPS savaged by vicious POODLE
Pull it out ASAP, it is SWISS CHEESE
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.