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Phishers Spoof Record Number Of Brands

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.

The APWG's monthly cyber-crime summary said that 157 brands were hijacked by e-mailed phishing campaigns during July, a jump of 18 percent over June and 12 percent over the previous record, set in May.

"Criminals are spoofing the brands of smaller financial institutions, ISPs [Internet service providers], and even government agencies," said Dave Jevans, the chief executive of IronKey Inc.," and the chairman of the APWG.

A year ago, the APWG recorded only 71 brands that were spoofed by phishers. "The number of brands has more than doubled, illustrating that online criminals are simply not settling for the large, popular organizations and financial institutions," added Dan Hubbard, the head of research at security vendor Websense Inc., in a statement.

The increase in the number of victimized brands was joined by an even larger bump in the number of new phishing sites detected in July: the APWG reported 14,191 bogus sites, another record. The July count marked a 41 percent increase over June, and was 18 percent higher than May's former record of 11,979 sites.

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