Phishing In Troubled Waters

January 2007
Business Communications Review;Jan2007, Vol. 37 Issue 1, p6
Trade Publication
The article discusses a survey by Gartner, Inc. which reveals that the average loss per individual that has been scammed by "phishing" increased from $257 in 2004 to $1,244 in 2006. Financial losses from the scams are estimated to be almost $3 billion, with the number of adults who claim they've received deceptive emails nearly doubling between 2004 and 2006. Phishing emails are increasingly masquerading as legitimate communications from online business like eBay and PayPal, and moving away from imitating banks and credit card companies.


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