Businesses in Australia and the Asia-Pacific region are among the biggest targets for hackers and security attacks, but they also have the slackest security measures, according to a global Deloitte IT security survey.
The compromising of customers' systems continues to be the major cause of security breaches in financial institutions, according to the 2007 Global Financial Services Security Survey.
Despite the fact that banks never contact their customers that way, more than a quarter of people concerned about phishing admit they cannot tell the difference between a legitimate and a bogus email.
MarkMonitor ® , the global leader in enterprise brand protection, announced that a recent survey conducted by the company revealed that financial loss and eroding customer trust are the top concerns among U.S. super regional banks regarding phishing attacks. In addition, more than half of responding banks said they were the targets of one to more than 20 phishing attacks in the last year, while one third of respondents said they could not determine whether their banks had been abused by phishers in that same timeframe.
Security experts warn of a new wave of crime with the drastic rise in personalized phishing campaigns, with social networking at the heart of the problem.
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