Anti Phishing Work Group vs Fraud Emails

Posted by: effinity on 27 March 2004

Hi All,

If like me you have been getting a lot of emails, often with attachments, purporting to be from large institutions, this information may help to illuminate matters and enhance our awareness.

I did hesitate before posting this in Hi Fi Corner but as many of us use Ebay etc for hi fi purposes decided to go ahead and especially to find out what others knew?

Steve

I've copied and pasted this from a business forum I subscribe to:-
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This report relates to a global credit card scam and the companies that have been targeted to date.
BobT
An-Phishing Working Group

Anti-Phishing Working Group

http://www.antiphishing.org o info@antiphishing.org

Phishing Attack Trends Report January, 2004

Phishing attacks involve the mass distribution of 'spoofed' e-mail messages with return addresses, links, and branding

which appear to come from banks, insurance agencies, retailers or credit card companies. These fraudulent messages

are designed to fool the recipients into divulging personal authentication data such as account usernames and

passwords, credit card numbers, social security numbers, ATM card PINs, etc. Because these emails look "official" and

recipients trust the brand, they often respond to them, resulting in financial losses, identity theft, and other fraudulent

activity.

The Phishing Attack Trends Report analyzes phishing attacks reported to the Anti-Phishing Working Group via the

organization's website, http://www.antiphishing.org or email submission via reportphishing@antiphishing.org. The Anti-

Phishing Working Group phishing attack repository is the Internet's most comprehensive archive of email fraud and

phishing attacks.

Highlights

. Number of unique phishing attacks reported in January: 176

. Percent of phishing attacks reported in January that were 'repeats': 13.6%

. Organization most targeted by phishing attacks in January: eBay

. Business sector most targeted by phishing attacks in January: Financial Services

. Percent of phishing attacks in January using the Microsoft IE browser exploit: 7.8%

The Phishing Attack Trends Report is published monthly by the Anti-Phishing Working Group, an industry

association focused on eliminating the identity theft and fraud that result from the growing problem of phishing and

email spoofing. For further information, please contact Dan Maier at dmaier@antiphishing.org or +1 650-216-2078.

Analysis for the Phishing Attack Trends Report has been donated by the Tumbleweed Communications Message

Protection Lab. The mission of the Tumbleweed Message Protection Lab is to analyze enterprise email threats (e.g.

spam, email fraud, viruses, etc) and design new email protection technologies.

Anti-Phishing Working Group

Anti-Phishing Working Group

http://www.antiphishing.org o info@antiphishing.org

Email Phishing Attack Trends

In January, there were 176 new, unique phishing attacks reported to the Anti-Phishing Working Group. This

was a 52% increase over the number of attacks reported in December (116). While the average number of

phishing attacks per day in January was 5.7, analyzing this information on a weekly basis shows an

increasing trend with a peak of 7.1 attacks per day in the third week of January.

Note that while "phishers" appeared to take a break for their New Year celebrations, the volume of phishing

attacks in January has increased above the volumes seen during the Christmas holidays in December. in

addition to the increasing volume, we are starting to see a number of phishing attacks that are "repeats" -

these attacks were sent out previously, and identical version of these attacks appear to have been sent out

again. Over 13% of the attacks in January were 'repeats' seen in previous months.

Who Is Being Targeted?

Most-Targeted Companies

The most targeted companies in January were

largely similar to those targeted in previous

months. eBay once again was the most targeted

company, with 51 unique attacks that hijacked

eBay's brand. This represents a 50% growth in

attacks from the number seen in December (33).

Citibank was the second most attacked

company in January with 35 unique attacks

hijacking its brand, taking over second place on

the list with more than 100% growth in attacks.

And coming in a close third was AOL (35

attacks), which also experienced over 100%

growth in reported attacks.

PhishTarget Jan 2004 Dec 2003 Nov 2003

eBay 51 33 6

Citibank 35 17 6

AOL 34 16 4

Paypal 10 6 4

Earthlink 9 4 2

American Express 6 4 1

Microsoft 3 3 1

Visa 2 2 1

Westpac 2 2 1

ANZ 2 2 1

Fleet Bank 2 2 1

National Australia Bank 2 1 0

Yahoo 2 1 0

Amazon.com 1 1 0

AT&T 1 1 0

Barclays 1 1 0

Commonwealth Bank 1 1 0

Credit Card 1 1 0

E-Gold 1 1 0

FDIC 1 1 0

Lloyds 1 1 0

Sears 1 1 0

SwiftPay 1 1 0

US Bank 1 1 0

Unique Phishing Attacks by Targeted Company

Anti-Phishing Working Group

Anti-Phishing Working Group

http://www.antiphishing.org o info@antiphishing.org

Most-Targeted Industry Sectors

The most targeted industry sector for phishing attacks continues to be Financial Services, closely

followed by the Retail sector (primarily online retailers). Note that while more Financial Services

companies have been targeted than any other sector, companies in the Retail and ISP sectors have more

often been the target of multiple unique attacks.

Website Spoofing Trends

The majority of phishing attacks use a link to a website as their "call to action", although a few attacks ask

the recipient to download a file (that generally contains a virus or Trojan program). There are several

techniques used by "phishers" to disguise the fact that the website to which they are taking their victim is

not authentic:

1. "Cousin" URLs

These Web addresses look/sound like authentic URLs, but the domains are actually registered to

scammers. Examples of these fraudulent websites include:

. http://account-security-ebay.servepics.com/

. http://aol-wallet.com

. http://www.anz-billing.co.nz

. http://www.aol-termsofservice.com

. http://www.ebay-secure.com

. http://www.yahoo-billing.com

These types of Web addresses are used in 9.3% of the unique phishing attacks that were

reported for January.

2. URLs that exploit URL syntax for user authentication

Microsoft's Internet Explorer browser supports the ability to send usernames and passwords to a

server in the format "http(s)://usernameassword@domain.com/file.html". This allows a scammer to

use this URL syntax to create a link in a phishing email that appears to open a legitimate website,

but actually opens a deceptive ("phishing") website. For example,

"http://validbank.com@phishersite.com/getinfo.html" takes the user to "phishersite.com", even though it

may look to the user like they are going to "validbank.com". Depending on what version of browser

the user has, the Web address may show up as either "http:// phishersite.com/getinfo.html" or

"http://validbank.com@phishersite.com/getinfo.html".

These types of Web addresses are used in 32% of the phishing attacks reported for January.

Anti-Phishing Working Group

Anti-Phishing Working Group

http://www.antiphishing.org o info@antiphishing.org

3. URLs that exploit a Microsoft Internet Explorer URL display flaw

On December 9, Secunia (a Danish security firm) announced that they had identified a

vulnerability in Microsoft's Internet Explorer browser that could be exploited by malicious people

to display a fake URL in the browser's address bar and status bar

(http://secunia.com/advisories/10395/). The vulnerability is exploited by including "%01" or "%00"

before the "@" character in a URL using the "user authentication" syntax described in item 2.

above. When these characters are inserted, the browser displays the URL to the left of these

characters, while actually taking the user to the domain to the right of the "@" character. For

example, the following URL was used in the U.S. Bank phish:

"http://www.usbank.com%01@bos.es.kr/index.htm". While the user's browser would show

http://www.usbank.com" in the address bar, the actual site that the user is taken to is

"http://bos.es.kr/index.htm", a phisher website hosted somewhere in South Korea.

We saw the first phishing attack utilizing this IE exploit reported on December 18, 2003 (against

Visa), 9 days after Secunia announced it. Since that time, we have seen the exploit used in 7.8%

of unique phishing attacks reported.

4. Download Trojans and keyloggers

A small number of phishing attacks include a Trojan attachment in the message that recipients

are encouraged to download and run. These Trojans generally contain keylogger programs that

silently monitor the victim's computer for patterns of keystrokes that look like credit card numbers

or social security numbers, or for new windows that open containing the name of a bank or credit

card company. The program captures the typed information to a text file, and then uses a built-in

email system to send the contents to an email dropbox for collection.

We've seen this approach used in 5 phishing attacks in January (2.8%). Note however that this is

up from the 1 such attack seen in December.

About the Anti-Phishing Working Group

The Anti-Phishing Working Group (APWG) is an industry association focused on eliminating the identity theft and

fraud that result from the growing problem of phishing and email spoofing. The organization provides a forum to

discuss phishing issues, define the scope of the phishing problem in terms of hard and soft costs, and share

information and best practices for eliminating the problem. Where appropriate, the APWG will also look to share

this information with law enforcement.

Membership is open to qualified financial institutions, online retailers, ISPs, the law enforcement community, and

solutions providers. Note that because phishing attacks and email fraud are sensitive subjects for many

organizations that do business online, the APWG has a policy of maintaining the confidentiality of member

organizations.

The Web site of the Anti-Phishing Working Group is http://www.antiphishing.org. It serves as a public and industry

resource for information about the problem of phishing and email fraud, including identification and promotion of

pragmatic technical solutions that can provide immediate protection and benefits against phishing attacks. The

analysis, forensics, and archival of phishing attacks to the Web site are currently powered by Tumbleweed

Communications' Message Protection Lab.

The APWG was founded by Tumbleweed Communications and a number of member banks, financial services

institutions, and e-commerce providers. It held its first meeting in November 2003 in San Francisco.

Bob Townsend
BMPD Ltd
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thanks Bob!

Steve D