Phishing: Spear-phishing snags corporate assets

I'll admit that I was first drawn to this by its clever name, but spear-phishing attacks, phishing attacks targeted toward specific corporations, are increasing, according to studies by IBM and Greenview Data. If traditional phishing attacks cast a wide net by spamming thousands of random e-mail addresses, then spear-phishing attacks target a select few. It's harder to pull off, but spear-phishing, if done right, brings in even more money than traditional phishing--and often goes unreported. Why is that? Well, for one thing, targeted companies and organizations would lose a far more valuable asset if they went public: Trust. Security Watch: Spear-phishing snags corporate assets - CNET reviews

Linked by shanmuga Saturday, 5th November 2005 3:23AM