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Netintelligence detects 208% rise in Phishing Email

11th May 2004 · Our Thoughts

Data collated by Netintelligence has shown a marked rise in the number of phishing e-mails blocked in the UK, by its Netintelligence Mail Filter & Anti Spam Product. During the first week of May, records indicate a 208% rise in the number of emails containing known phishing urls, IP addresses or suspect code compared with the corresponding period in April.

Phil Worms, Marketing Director for Netintelligence, stated ‘We are now finding that a little under 1% of the total Spam email we are blocking has phishing characteristics.”

Pronounced “fishing,” – phishing is the act of sending an e-mail falsely claiming to be an established legitimate enterprise in an attempt to scam the user into surrendering private information that will be used for identity theft. Recent phishing spam emails have ‘targeted’ possible account holders of Lloyds TSB, Citibank, Westpac, Barclays, NatWest, Halifax, Nationwide, MBNA, Allied Irish, AOL and eBay.

Phil Worms, commented, “With about 20% of the UK adult population using the internet for either banking & financial management, the pickings are potentially very lucrative for phishers, particularly given that it is estimated that 5% of recipients will respond to a phishing email”. “I would strongly advise anyone receiving an e-mail claiming to be from a bank or other legitimate financial institution to completely ignore the request and then report the email to the appropriate organisation’s customer service department. Under no circumstances should any information be divulged over the web.”

Phil Worms added “Once again the increase of this particular threat highlights the need for organisations and individuals to deploy adequate protection such as Anti Spam filters”.

In addition to the Netintelligence Mail Filter, the desktop version of Netintelligence V4 now also combines phishing protection as standard.

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