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Phishing Season: Markets are Down, but Fraud is up

Fraudsters are rushing to take advantage of stressed and confused consumers. The wave of phishing emails, robocalls or “vishing” – phone phishing — has hit both large and small institutions alike in the past month. Even banking regulatory agencies such as the FDIC and the OCC were hit with a spate of fraudulent emails to consumers, purporting to be from the agencies. As the global credit crisis worsened in October, phishing attacks rose by 103 percent, an email protection vendor says.”]

Source: https://www.cuinfosecurity.com/phishing-season-markets-are-down-but-fraud-up-a-1054

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