Information Protection and Security

According to one cyber intelligence and security company, recent reports of the demise of phishing have been greatly exaggerated.

FBI says there's been a significant increase in fraud involving the exploitation of valid online banking credentials belonging to small and medium businesses, municipal governments, and school districts.
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Chase Bank customers in the New York metro area have been receiving bogus text messages claiming to be from the bank, asking for account information. A local New York television station reported the phishing attack last week, claiming that "tens of millions of dollars" have already been stolen by fraudsters.

Fake notification claims recipients financial institution has filed for bankruptcy, urges them to check the status of their deposit insurance coverage.
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Phony LinkedIn invitation from 'Bill Gates' lands in smartphone inboxes.
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The number of unique phishing websites reached a high of nearly 50,000 in June, the second highest on record since more than 55,000 phishing websites were recorded in April, 2007. Meanwhile, the number of people downloading and installing rogue antivirus programs is also on the rise, providing a cash cow to cybercriminal gangs. 
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If you're on Facebook, Twitter or any other social networking site, you could be the next victim because more cyberthieves are targeting increasingly popular social networking sites that provide a gold mine of personal information, according to the FBI.
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Researchers are monitoring a trick that makes it harder to track and shut down fraudulent websites.
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A Police Central e-Crime Unit operation leads to a £600,000 internet fraud gang facing jail.
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The phishing schemes mainly targeted Bank of America and Wells Fargo online banking users and were run from Egypt. Criminals sought to duplicate the bank’s online banking portals by creating authentic-looking replicas; mass email messages were subsequently sent to a great number of Bank of America and Wells Fargo online users, directing them to the false websites and asking them to enter their secret account login details, as well as other types of sensitive personal information such as their bank account numbers, Social Security numbers and drivers’ license numbers.