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December 12, 2006 12:18 PM PST

Phishers take aim with machine-gun approach

Phishers set down their shotguns in favor of machine guns this fall, taking aim at financial institutions with a rapid-fire succession of spoofed URLs using multiple subdomain names, according to the Anti-Phishing Working Group's phishing activity trends report for September-October. (click here for PDF)

The number of phishing spoof sites jumped to 37,444 in October--a more than seven-fold increase over the previous year, noted the report, released last week.

Much of that increase came from phishing campaigns that relied on a vast number of Web sites with URLs using multiple subdomains attached to the spoofed domains. All this was an attempt to avoid detection from spam filters and URL-sniffing systems that could throw the fake addresses onto a blacklist that would block access to people's systems, the APWG said in the report.

So, in October, the phishers let it rip. In rapid succession, faked domains for certain financial institutions, named along the lines of "123.phishsite.com," "234 phishsite.com," "345 phishsite.com," were fired off into the Internet ether. Think rat-a-tat-tat.

Financial institutions were not the only phishing targets in October. The report noted that 176 brands were featured in attacks in October, a 14 percent increase from the last high of 154 in July.

Dawn Kawamoto covers enterprise security and financial news relating to technology for CNET News. E-mail Dawn.
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