Friday, November 19, 2010

E-Commerce Phishing Attacks Surge in Q3 According to IID Report

IID (Internet Identity) released its Third Quarter Phishing Trends Report that revealed phishing attacks through impersonation of e-commerce sites and gaming companies increased significantly year-over-year around the world in the third quarter of 2010. According to IID, instances when cyber criminals used likenesses of e-commerce companies, excluding eBay, to steal critical data from unsuspecting victims, were up 317 percent from July to September 2010 compared to the same time period in 2009. Likewise, phishing attacks impersonating gaming companies were up 347 percent in Q3 2010 compared to Q3 2009.
“Traditionally cyber criminals have capitalized on current events, resulting in an increase in e-commerce phishing attacks leading up to and during the holiday shopping season,” said IID President and CTO Rod Rasmussen. “As the world moves into the highly active online shopping season, we expect to see increases worldwide in e-commerce attacks. In addition, with the online gaming industry generating over $15 billion annually and growing rapidly, it is the kind of target that is hard for criminals to resist.”IID anticipates this increase in phishing attacks targeting e-commerce sites and gaming companies to continue during the fourth quarter of 2010 based on historical trends. For example, from Q3 to Q4 2009, threats targeting e-commerce sites excluding eBay increased 86 percent.

5 comments:

  1. B2C E-commerce market in China to grow at a CAGR of 56.4 percent over the period 2011–2015. One of the key factors contributing to this market growth is the growing number of internet users. The B2C E-commerce market in China has also been witnessing the emergence of social media in the market. However, increasing price wars among e-commerce companies could pose a challenge to the growth of this market.

    ReplyDelete
  2. Increase in number of internet user gives the rise in B2C ecommerce solution or industry, well its a matter of demand and supply, more user , more online stores, the more online stores means more ecommerce solutions weather simple or multi vendor shopping cart.

    ReplyDelete
  3. There should be a law against cyber criminals and ways to caught them. I know that its quite ambitious but its essential. Every internet users should feel safe while browsing any sites.
    Ecommerce Australia

    ReplyDelete
  4. Ecommerce website design dallas is essential for the future growth of your business. Electronic commerce (ecommerce) is the idea of doing business electronically over the Internet. No longer bound by time or geography, Ecommerce website design dallas provides store owners with ubiquitous access to their customers. This significantly expands a store owner's opportunity to satisfy demand for products, services, and information of each customer.  Ecommerce website design dallas utilizes open source technology according to client needs in reducing cost for a total low cost solution.so being with http://www.flashwebz.com/.

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  5. Individuals or new entrepreneurs who like to establish their very own businesses online, should first incorporate Ecommerce hosting and get their websites in place that give a clear over view to consumers about their respective trait or prospects.


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