Phishing attacks are increasing in number and sophistication. Banks know these are a problem, but fighting back is becoming increasingly difficult. The number of phishing attacks launched on consumers has jumped from one or two a week in 2005 to more than 70 per day. The financial industry is taking steps to better educate consumers about phishing threats, but what they really need to do is invest in technology and solutions that don’t allow those phishy e-mails through in the first place. The aim of spear-phishing attacks is to steal banking credentials and passwords.”]
Source: https://www.inforisktoday.com/blogs/phishing-attacks-pose-heightened-threat-p-855