$3.2 billion lost in phishing attacks in 2007

Posted by   Virus Bulletin on   Dec 18, 2007

Gartner survey reveals US losses to phishing gangs.

Analyst firm Gartner has estimated that $3.2 billion was lost by 3.6 million US computer users in phishing attacks over the 12 months ending in August 2007.

Gartner arrived at the figures after surveying more than 4,500 US adult computer users. The survey found that, of those users who received phishing emails in 2007, 3.3 per cent lost money - up from 2.3 per cent in the previous year.

The average amount lost per phishing incident actually fell from $1,244 in 2006 to $886 in 2007, but thanks to the increased prevalence of the attacks and a greater number of victims the total losses rose from $2.3 billion to $3.2 billion.

More on the survey can be found in a press release here.

Posted on 18 December 2007 by Virus Bulletin

twitter.png
fb.png
linkedin.png
hackernews.png
reddit.png

 

Latest posts:

VBSpam tests to be executed under the AMTSO framework

VB is excited to announce that, starting from the Q3 test, all VBSpam tests of email security products will be executed under the AMTSO framework.

In memoriam: Prof. Ross Anderson

We were very sorry to learn of the passing of Professor Ross Anderson a few days ago.

In memoriam: Dr Alan Solomon

We were very sorry to learn of the passing of industry pioneer Dr Alan Solomon earlier this week.

New paper: Nexus Android banking botnet – compromising C&C panels and dissecting mobile AppInjects

In a new paper, researchers Aditya K Sood and Rohit Bansal provide details of a security vulnerability in the Nexus Android botnet C&C panel that was exploited in order to gather threat intelligence, and present a model of mobile AppInjects.

New paper: Collector-stealer: a Russian origin credential and information extractor

In a new paper, F5 researchers Aditya K Sood and Rohit Chaturvedi present a 360 analysis of Collector-stealer, a Russian-origin credential and information extractor.

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.