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Apacs reports huge surge in phishing

Bogus emails more than doubled in the first half of 2008

Written by Guy Dixon

vnunet.com, 25 Jul 2008

UK payments body Apacs is urging online banking customers to remain extra vigilant following a 180 per cent surge in phishing emails in the past year.

The number of reported cases of fraudsters attempting to steal bank details using bogus emails more than doubled in the first half of 2008, the payments authority said.

There were more than 20,000 attempted phishing frauds involving banks and building societies in the first six months of 2008, compared to 7,224 a year earlier.

Robust banking systems are partly to blame for the surge, forcing fraudsters to resort to phishing techniques to con online bank users into revealing their account details.

More: http://www.vnunet.com/vnunet/news/2222572/huge-surge-phishing-scams

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