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APWG Report: Phishing Attacks Soar in Record-Making Surge

May 2016 by APWG

The Anti-Phishing Working Group (APWG) observed more
phishing attacks in the first quarter of 2016 than at any other time in
history. According to the APWG’s new Phishing Activity Trends Report,
the total number of unique phishing websites observed in Q1 2016 was a
record 289,371, with 123,555 of those phishing sites detected in March
2016.

Copyright: YAKOBCHUK_VASYL

Those quarterly and monthly totals are the highest the APWG has seen
since it began tracking and reporting on phishing in 2004.
There was a 250 percent increase in phishing sites between October 2015
and March 2016. “We always see a surge in phishing during the holiday
season, but the number of phishing sites kept going up from December
into the spring of 2016,” said Greg Aaron, APWG Senior Research Fellow
and Vice-President of iThreat Cyber Group. “The sustained increase into
2016 shows phishers launching more sites, and is cause for concern.”

APWG Chairman Dave Jevans said, “Globally, attackers using phishing
techniques have become more aggressive in 2016 with keyloggers that have
sophisticated tracking components to target specific information and
organizations such as retailers and financial institutions that top the
list.”

On the heels of this report of record numbers of cybercrime attacks,
APWG will be holding its annual general meeting and cybercrime research
conference next week in Toronto. There, its global cadre of cybercrime
responders, managers and university researchers will be plotting
strategies to neutralize the menace of cybercrime, a sprawling
threatscape growing seemingly unchecked in scope and virulence in recent
years.

Working Agenda:
http://apwg.org/apwg-events/ecrime2016/agenda

Registration
http://apwg.org/apwg-events/ecrime2016/registration

Venue and Accommodations
http://apwg.org/apwg-events/ecrime2016/venue

In the Q1 Trends Report, APWG found that the Retail / Service sector
continued to be the most heavily attacked. APWG member MarkMonitor
observed more attacks targeting cloud-based or SAAS companies, which
drove significant increases in the Retail/Service sector. Financial and
Payment targets were also heavily targeted as usual.
Ransomware continues to be another increasing threat, with APWG members
Forcepoint and PandaLabs seeing increasing numbers of ransomware
infections in early 2016. According to Carl Leonard, Principal Security
Analyst at Forcepoint: “The onslaught of ransomware has not abated in
2016. Ransomware authors exhibited a willingness to adjust their scare
tactics and software in Q1 2016 as they sought to scam more end-users.
The takeaway is clear – ransomware authors are more determined and
aggressive in 2016. End-users should be aware of the danger and take
preventative measures.”

APWG co-founder and Secretary General Peter Cassidy reviewing the
quarter’s disturbing numbers said, “The threat space continues to expand
despite the best efforts of industry, government and law enforcement.
It’s clear we have a lot to talk about in Toronto, perhaps broaching
some broader resolutions to unify efforts across sectors. After all,
what is civilization but the largest conspiracy?”

The full text of the report is available here:
http://docs.apwg.org/reports/apwg_trends_report_q1_2016.pdf


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