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Phishing Attacks Reach Record Levels



Mike Sachoff
Staff Writer
2009-09-28

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Phishing attacks reached record levels in the second quarter of 2009, with more than 151,000 unique attacks taking place, according to new report by brand reputation firm, MarkMonitor.

Phishing Attacks Reach Record Levels
Phishing Attacks Reach Record Levels

The company found an increase in phishing activities for payment services and the banking industry. The report also noted growth in online pharmaceutical brandjacking of popular drug brands.

"Scammers are opportunists, and by targeting the supply chain they're positioning themselves to move the greatest amount of fake product they can," said Frederick Felman, chief marketing officer at MarkMonitor.

"This maximizes their return on the scam but it also poses a potential danger to peoples' health and safety, not to mention brand reputation."

The report found 19,163 domains violating drug trademarks of the six leading prescription drug brands from July 2009. That's up 9 percent from the previous year.

Among the 2,930 online pharmacies MarkMonitor found in the study, only one in four were certified in the Verified Internet Pharmacy Practices Sites (VIPPS), a program by the National Association of Boards of Pharmacy.

Online pharmacies not certified by VIPPS offered discounts as high as 90 percent from the prices offered by VIPPS-certified websites.

Thirty-six percent of online pharmacies are hosted in the United States, the largest number in the world, while Germany is the second largest hosting country with 13 percent. The U.K.'s share of hosted pharmacies dropped to 7 percent in 2009, from 12 percent in the previous year.



About the Author:
Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.

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