IT websites in India top targets for phishers

Phishers have already made their mark in the financial sector by causing more than 130 crore (2.4 Billion USD) loss to Indian banks in the last 3 years due to various sophisticated attacks, news reports have stated.
While the country is still feeling the heat of the advancement and exponential rise in phishing attacks, the Symantec Intelligence Report on phishing sites in India reveals Information Technology sites to be the most vulnerable amongst the targeted websites by the Phishers last year.

 

According to Symantec February Intelligence report, the global phishing rate increased by 0.018 percentage points, taking the global average rate to one in 466.3 emails (0.214 percent) since January 2013. In the month of January, the number of phishing URLs associated to Indian brands accounted for 0.15 percent of the global phishing statistics.

 

This implies a new wave of phishing attacks among various organizations as the cyber criminals become highly sophisticated and targeted. Phishers continue to pursue Indian sites across many disciplines to host their phishing pages. The most targeted Indian sites are classified in various categories - Information Technology (14.40%), Education (11.90%), Product Sales and Services (9.80%), industrial and manufacturing (7.30%), and Tourism, Travels and Transport (5.80%).

The figures for secure websites such as Government, Telecommunication, and ISP were low and at the bottom of the list. This offers evidence that phishers opt to target more vulnerable websites