"Puddle Phishing" Hits Small Banks, Credit Unions
Phishers are baiting users of smaller banks, a security firm said Monday, calling the practice "puddle phishing."
"In the past, phishers focused on mainstream consumer sites with millions of users, but now the targets are becoming much smaller and more localized," said Dan Hubbard, senior director of security at Websense, in a statement. "By targeting a bank with just a few branches, the number of potential phishing prey is reduced to a much smaller number, sometimes to just a few thousand people. Nonetheless, the fact that we are seeing more and more of the smaller financial outlets being targeted by phishing attacks may indicate that this is a highly profitable scam."
San Diego, Calif.-based Websense has spotted more than 30 scams involving small-scale credit unions since the first of the year, Hubbard added, some of which have as few as 11 branches. One scheme targeted a credit union that serves employees and staff of the White House.
posted by Fergie @ 6/13/2005 12:19:00 PM
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