Cyren: 300% increase in phishing attacks against bank customers

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Cyren detected a 300% increase in phishing URLs linked to Chase Bank from mid-May to mid-August. This was unusual because it was a significant and sustained increase, and not just a peak that lasted for a few days.

Launching a phishing attack today has never been easier, with the proliferation of phishing kits for sale on the dark web and in Telegram’s underground channels. As it becomes easier to host phishing sites with free website hosting and domain registrars, anyone with little or no technical skills can learn how to launch attacks by watching a simple tutorial. video.

Cybercriminals are also focusing more on mobile devices, using text messages, WhatsApp and other messaging services to launch attacks. These are often difficult to detect because anti-phishing solutions on mobile devices are not as robust as those on mail servers and corporate mailboxes. It is also more difficult for victims to tell scam websites apart from real websites, making it easy for hackers to steal valuable personal data. Once data is stolen, it is vulnerable and can be viewed by anyone on the internet who searches for it. Online search engines can easily discover exposed usernames, email addresses, passwords, credit card numbers, and social security numbers.

Between the end of May and the publication of this report, the research team reported a 300% increase in phishing Chase URLs. Phishers collect bank and credit card information, social security numbers, home addresses, and other highly sensitive information. Attackers use both email and text messages to lure victims to their phishing sites, easily bypassing detection on mobile devices. A phishing server often stores the stolen data, which can be easily viewed by anyone on the Internet.

This report contains a behind-the-scenes investigation of phishing campaigns targeting Chase Bank customers. Cyren’s threat researchers followed a lead that started with a simple summary dashboard and ended with a few examples of the damage phishers inflict when they trick an unsuspecting user into divulging highly sensitive personal information. and not public.

Read Cyren’s full report.


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