One in three Internet users fall for phishing
There's an interesting story over at MSNBC that examines how likely users are to fall for fraudulent emails. According to a study of 1,000 Internet users conducted by MailFrontier, one in three fall for "phishing" emails designed to steal personal information, including credit card numbers and bank account PINs. Email scammers have apparently improved their grammar, making it that much harder to spot unscrupulous emails.
A total of $1.2 billion is said to have been stolen from US financial institutions as a result of email phishing, but it gets worse. Phishing attacks are on the rise, up almost 20% between May and June of this year.