Q1 2011 Fraud Intelligence Report

The MarkMonitor Fraud Intelligence Report for the first quarter of 2011 is now available. The findings are:

Phishing Attacks Reversed Decline

Phish attack volume increased 17% from the previous quarter to 99,800 attacks.

Organizations Targeted Continued Growth Trend

The number of targeted organizations increased 11% from the fourth quarter of 2010, to 511.

Attacks per Organization Increased Slightly

Attacks per organization increased 6% from Q4 2010 to 195.

Financial Sector Continued as Most Popular Phishing Sector

The Financial sector accounted for 47% of phish attacks in the first quarter of 2011, while the Payment Services sector accounted for 27%.

Gaming, Auction and Social Networking Sectors Reversed Previous Declines

Auction sector phish increased 47% quarter-over-quarter to 5,414 attacks. Gaming sector phish increased 60% from the previous quarter to 6,834 attacks. Social Networking sector phish increased 40% from the previous quarter to 4,768 attacks.

Phishing Attacks Targeting Spanish Brands Doubled

Attacks targeting Spanish brands grew 127% from the previous quarter. However, North American brands continued to attract the lion’s share of attacks, accounting for 74% of phishing attacks in the first quarter. Western European brands accounted for 18% of phish.

Phishing Attacks Hosted in the UK and Russia Showed Substantial Growth

In the first quarter, phish hosted in the UK grew 63% and Russian-hosted phish grew 93%. As with targeted brands, however, North America hosted the majority of phishing attacks, with 61% of total attacks in the first quarter. Western Europe followed, hosting 19% of phishing attacks in the same period.

For more detail, download the report here:

MarkMonitor Fraud Intelligence Report, Q1 2011