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Financial institutions are not alone. A leading cyberfraud watchdog group said that social networking, online classifieds and online gaming industries are increasingly the focus of phishing gangs out looking for personal account information.

The Anti-Phishing Working Group said in its just-released first-quarter 2010 trends report that attacks focused on online retail, auction and financial services actually decreased in the first quarter of 2010 but that attacks on payment services increased more than 10% during that time. And attacks on social networking, online classifieds and gaming increased from 13% of all phishing attacks to 18%, an increase of more than 37% in one quarter, the APWG said.

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Peter Westerman


Credit Union Times

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