The number of U.S. adults that are sure or think that they have received phishing e-mails has nearly doubled since 2004, according to a survey by Gartner, Inc. Financial losses stemming from phishing attacks have risen to more than .8 billion in 2006.
Fraudulent activity such as the theft of confidential data is costing the Irish economy billions every year according to a leading expert in the field.
The number of phishing scams has escalated by 1,471 percent in the last 12 months, the latest fraud figures from the UK payments association APACS revealed.
Phishers counterfeited a record number of commercial brands as the criminals reached into ever smaller corners of the Internet, the Anti-Phishing Working Group (APWG) reported Monday.
A university professor has hit out at the security measures used by Bank of Ireland's online service after he was tricked into paying out EUR15,500 to fraudsters.
