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: Satellite telecom vulnerable to hackers, researchers find

add to favorites email to friend print save as pdf

Related Stories

BYOD mobile attack prevention app uses machine learning

Jan 24, 2014

(Phys.org) —Mobile security company Zimperium is introducing attack-protection software for mobile devices and they have designed the product to go where other malware-sniffing apps might not. They aim ...

Security experts raise flags over WhatsApp

Feb 22, 2014

The Facebook deal for WhatsApp drew attention for its whopping price tag, but has also brought out fresh criticism over security for the billions of messages delivered on the platform.

Recommended for you

Facebook rolls out location-sharing feature

5 minutes ago

Facebook users in the U.S. will soon be able to see which of their friends are in close proximity using a new feature the company is launching on Thursday.

Hand out money with my mobile? I think I'm ready

1 hour ago

A service is soon to launch in the UK that will enable us to transfer money to other people using just their name and mobile number. Paym is being hailed as a revolution in banking because you can pay peopl ...

Tiny power plants hold promise for nuclear energy

1 hour ago

Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the ...

User comments : 0

More news stories

Tiny power plants hold promise for nuclear energy

Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the ...

Hand out money with my mobile? I think I'm ready

A service is soon to launch in the UK that will enable us to transfer money to other people using just their name and mobile number. Paym is being hailed as a revolution in banking because you can pay peopl ...

Classifying cognitive styles across disciplines

Educators have tried to boost learning by focusing on differences in learning styles. Management consultants tout the impact that different decision-making styles have on productivity. Various fields have ...