Financial Institutions, Not Surprisingly, The No. 1 Target of Phishing Attacks

Who are phishers' favorite targets? Financial institutions of course. The statistics below from Visa show that financial institutions account for 80% of phishing attacks. Visa, as the most popular card brand, is affected in two ways - corporate attacks on Visa itself and attacks on its card issuing institutions.

By Staff Writer | February 21, 2006 at 07:00 PM

Who are phishers' favorite targets? Financial institutions of course. The statistics below from Visa show that financial institutions account for 80% of phishing attacks. Visa, as the most popular card brand, is affected in two ways – corporate attacks on Visa itself and attacks on its card issuing institutions.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

1 Hauptman Outlines NCUA’s Staffing Future as Over 200 Employees Depart

2 BECU’s Average Results a Plus in Uncertain Times

3 Five Lawsuits Target Neighbors Credit Union Over Data Breach

4 America’s Credit Unions Meets With Treasury, Calls for Independent NCUA and Full Board

5 Harper and Otsuka Fire Back in Court, Argue NCUA Firings Unlawful & Threaten Regulator Independence

Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

House Passes Budget Bill, Preserving Credit Union Tax Exemption

By Michael Ogden | May 22, 2025

The tax-status fight now moves to the Senate.

House Passes Budget Bill, Preserving Credit Union Tax Exemption

Hauptman Outlines NCUA’s Staffing Future as Over 200 Employees Depart

By Michael Ogden | May 22, 2025

NCUA Board Chair provides his first update to the public concerning the agency's staffing levels.

Hauptman Outlines NCUA’s Staffing Future as Over 200 Employees Depart

MBA Mortgage Forecast Goes Back to the Past

By Jim DuPlessis | May 22, 2025

Mortgage Bankers’ May 16 forecast looks a lot like the one it issued in January — but with half the economic growth.

MBA Mortgage Forecast Goes Back to the Past

Top 10 security must haves for your credit union link

Checklist

Sponsored by Genetec

Top 10 security must haves for your credit union

Choosing a physical security solution can be complicated. Check out our checklist of things to consider.

Browse More Resources ›

BCU & Blend: Driving Digital Success & Boosting Member Conversions link

Case Study

Sponsored by Blend

BCU & Blend: Driving Digital Success & Boosting Member Conversions

Many credit unions struggle with outdated digital account opening processes, creating friction as member expectations evolve. Learn how Baxter Credit Union (BCU) confronted this challenge by leveraging cutting-edge technology to revolutionize its digital experience--driving significant growth in new account openings and account funding.

Browse More Resources ›

Physical Security for Credit Unions: A Clear Path to Modernization and Growth link

White Paper

Sponsored by Genetec

Physical Security for Credit Unions: A Clear Path to Modernization and Growth

Is your credit union still relying on outdated physical security systems that limit scalability and create siloes in your operations? Download this white paper to explore a clear path to a more resilient and agile security framework that enhances safety, streamlines operations, and ensures compliance.

Browse More Resources ›