Cyveillance Reports Significant Increase in Phishing Attacks During First Half of 2008

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Attacks on New Brands Average More Than Two Per Day Over the Last Six Months

Online Financial Fraud and Identity Theft Report

Cyveillance, the world leader in cyber intelligence, today announced that 367 unique brands were first-time victims of targeted phishing attacks during the first half of 2008, representing an 80 percent increase over the second half of 2007. As noted in Cyveillance's upcoming 1H 2008 "Online Financial Fraud and Identity Theft Report", this increase in phishing attacks on new brands represents close to 20 percent of all new attacks since 2005.

Key Findings from Cyveillance's 1H 2008 "Online Financial Fraud and Identify Theft Report" will include:

  • 367 unique new brands were phished in the first half of 2008, which represents a 80% increase over the second half of 2007.
  • Since 2005 Cyveillance has identified over 2000 unique new brands that have been the victim of targeted phishing attacks.
  • Financial institutions continue to be the main targets of phishing attacks, accounting for nearly 95% of all attacks.
  • Phishers continue to expand attacks worldwide. In the first half of 2008, Cyveillance identified phishing attacks in 30 different countries, with numerous new targets in the Middle East and Latin America.

Cyveillance's continuous monitoring technology thoroughly sweeps the Internet - monitoring and collecting information from over 200 million unique domain name servers, 150 million unique Web sites, 80 million blogs, 90 thousand message boards, thousands of IRC/Chat channels, billions of spam emails, auction sites, bot networks and more. This approach yields the discovery of more than 100 thousand new sites each day.

To preorder Cyveillance's 1H 2008 "Online Financial Fraud and Identity Theft Report" please go to http://www.cyveillance.com/web/forms/request.asp?getFile=111 .

About Cyveillance
Cyveillance, the world leader in cyber intelligence, provides an intelligence-led approach to security. Through continuous, comprehensive Internet monitoring and sophisticated intelligence analysis, Cyveillance proactively identifies and eliminates threats to information, infrastructure, individuals and their interactions, enabling its customers to preserve their reputation, revenues, and customer trust. Cyveillance serves the Global 2000 and OEM Data Partners - protecting the majority of the Fortune 50, regional financial institutions nationwide, and more than 30 million global consumers through its partnerships with security and service providers that include AOL and Microsoft. For more information, visit http://www.cyveillance.com.

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Brian Hedquist

Tony Welz
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