A major international antiphishing coalition said online payments services continue to be the favorite target of phishing fraudsters.
The APWG trade group said that sector accounted for 38% of detected attacks in the second quarter of 2010. Classified ads and auction sites also came under increasing attack, the group said in its latest "Phishing Activity Trends Report."
"While the once-rapid expansion of conventional phishing is apparently slowing, there is every indication that e-crime gangs are expending much greater effort to design and deploy ever more undetectable, manipulative, focused and attractive schemes to defraud consumers and enterprise users," said APWG Secretary-General Peter Cassidy.
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