Apacs has announced some interesting figures, indicating that phishing attacks have risen by 200% in the first quarter of 2008 from the same period last year (to 10,325 phishing incidents from 3394). Phishing is the name given to emails that claim to be from your bank but are actually sent to you by fraudsters. They normally ask you to click on a link which switches you to a website that looks like your bank’s website and asks you to put in personal details which they use to access your bank account.
82% of people ignore these emails completely, up from 75% in 2006, so that is still quite a lot of people who are failing to follow simple safety precautions, which is quite depressing.
On the bright side, online banking fraud losses has fallen by a third, from £33.5m in 2006 to £22.6m in 2007.
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