Phishing Attacks in May Jumped More Than 200 Percent

Jun 30, 2005

The phishing season is officially open. Phishing – using fraudulent emails to try to dupe recipients into revealing personal or financial information -- reached its highest level in May, according to IBM. The month Global Business Security Index saw phishing attacks increase 226 percent that month.

IBM security experts blame the rise in phishing attacks to burgeoning zombie botnets – networks of computers used to send spam and nefarious emails without their owners’ knowledge. The May report also found that more than 30 percent of emails contain some form of virus.

On the good news side, spam leveled off in May, although it still accounted for almost 70 percent of inbound email traffic.

"IT systems have become so crucial to today's business operations, work productivity, and customer service, that even a small disruption can have serious impact on business operations, and loss of data integrity or confidentiality can lose a customer base that took years to build," said Cal Slemp, vice president, security and privacy services, IBM Global Services. "Security is now something that companies can no longer afford to be without. IBM's approach offers companies a way to reduce overall business risk while helping them comply with legislations, regulations and build better business intelligence."

Source: IBM

Explore further: Lasers are the key to mastering challenges in lightweight construction

Related Stories

Corporate accounts targeted in Dyre Wolf campaign

Apr 05, 2015

A sophisticated and brazen theft operation has been brought to attention this month by IBM Security, which refers to it as the "Dyre Wolf Campaign." It has been active and successful, having stolen over $1 ...

IT firm baits hackers with online model train set

Mar 17, 2015

Somewhere on Earth a computer hacker types a malicious command and hits enter. Half a world away, an urban commuter train speeds out of control, derails and crashes into a building.

We need to take responsibility for our own safety online

Mar 13, 2015

Going online without understanding the basics of how the internet works is like getting behind the wheel without knowing the road rules: you might still get where you're going, but you could be a danger to ...

Microsoft beefs up security protection in Windows 10

Oct 25, 2014

What Microsoft users in business care deeply about—-a system architecture that supports efforts to get their work done efficiently; a work-centric menu to quickly access projects rather than weather readings ...

Recommended for you

Microsoft Research project can interpret, caption photos

39 minutes ago

If you're surfing the web and you come across a photo of the Mariners' Felix Hernandez on the pitchers' mound at Safeco Field, chances are you'll quickly interpret that you are looking at a picture of a baseball ...

App data vulnerability threatens millions of users

1 hour ago

Researchers of the Technische Universität Darmstadt and Fraunhofer SIT have investigated Cloud databases and established: developers wrongly use authentications for cloud services thereby threatening millions ...

Mathematician designs social sustainability software

1 hour ago

Edgar Antonio Valdés Porras has designed a software and service-oriented theoretical methodology supporting sustainability for cities, which if implemented, would increase economic impact points and infrastructure ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.