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BtoB

Phishing on the rise

Published on .

Palo Alto, Calif.— “Phishing” attacks—fraudulent e-mails designed to look as if they come from legitimate marketers in order to get users to divulge personal information—are expected to grow exponentially over the next several years, according to the Radicati Group.

Radicati collected data from vendors, service providers, corporate customers and consumers for its study. It estimated the number of unique phishing attacks per month in 2004 at 51, and that number is expected to more than double to 110 a month, a 115% increase. By 2008, Radicati predicts the number will climb to 404 per month.

—Carol Krol

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