Phishing drops but becomes more targeted

The number of unique phishing reports received by the Anti-Phishing Working Group (APWG) decreased 29 percent during the fourth quarter of 2009, dropping from the all-time high of 40,621 reports in August to 28,897 in December, according to a report released Saturday by the nonprofit. While the number of unique phishes dropped, there was a significant rise in incidents focused on high-value targets, such as individuals with corporate bank account authority. — AM