MIAMI–(BUSINESS WIRE)–Easy
Solutions, the Total Fraud Protection® company, today issued a new
research report, “Know
Your Enemy: Understanding Phishing Strategies.” The report analyzes
over 3,030 phishing attacks on a Top 25 US bank that took place from
September to December of 2015.
The Easy Solutions research team was able to group phishing sites into
three main clusters, based on how the sites were created, and where and
how the site domains were registered. The report also found that the
average number of potential targets per phishing attack was only 190
individuals. Given the large number of attacks, this indicates a
willingness on the part of phishers to essentially ‘smash and grab’, and
set up unique sites that are likely to only be visited by a very small
number of victims.
Additional analysis on each group of phishing sites allowed Easy
Solutions to further categorize the attackers. By using information such
as the attacker’s location, the type of phishkit used and Whois
information of the domain, the researchers identified 12 subgroups,
which helped the team understand the attackers’ strategies, locations
and motivations.
“These findings are important because they demonstrate that it is
possible to effectively characterize a diverse attacker population that
is persistently launching attacks against a brand,” said Daniel
Ingevaldson, CTO of Easy Solutions. “When institutions can more
effectively characterize their attackers, they can then more
successfully combat phishing attacks – by tuning consumer education
campaigns, changing web site countermeasures, or adjusting risk scoring
during phishing campaigns. Only by studying how these criminals operate
can we develop more effective countermeasures, to help financial
institutions reduce the rate of successful phishing attempts on their
brands.”
The Easy Solutions product portfolio delivers cross-channel fraud
protection across transactions performed on online and mobile platforms,
as well as via ATMs, Point-of-Sale terminals, and Interactive Voice
Response (IVR) systems for enterprise organizations across a range of
industries, including financial services, retail, and professional
services. Easy Solutions thwarts criminals at all three phases of the
fraud lifecycle – planning, launching, and cashing – while ensuring that
authorized users can conduct business.
The full report can be found at: https://www.easysol.net/images/stories/downloads/phishing-report-feb2016.pdf.
ABOUT EASY SOLUTIONS
Easy Solutions is a leading security vendor focused on the comprehensive
detection and prevention of electronic fraud across all devices,
channels and clouds. Our products range from anti-phishing and secure
browsing to multifactor authentication and transaction anomaly
detection, offering a one-stop shop for multiple fraud prevention
services. The online activities of over 85 million customers 320 leading
financial services companies, security firms, retailers, airlines and
other entities all over the world are protected by Easy Solutions fraud
prevention systems.
United States: 8550 N.W. 33 Street, Miami FL 33122. Phone: 1
(866) 524 4782
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Phone: +57 1 – 742 5570