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Phishing attacks unleashed on UK banks

Nick Heath silicon.com

Published: 18 Feb 2008 08:34 GMT

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Leading UK banks have been targeted by online criminals who used Storm botnets to unleash phishing attacks.

The attacks could mark the emergence of a new threat from the Storm botnet, according to a report from security company RSA's Anti-Fraud Command Center (AFCC).

UK financial institutions were the second most targeted in the world last month, accounting for 15 percent of global banking brands targeted, behind the US with 61 percent.

Attackers used the Storm botnet as a fast flux-network, frequently rotating the IP address of the infected computers sending out the phishing content, making them much more difficult to track down.

RSA analysts warn the Storm botnet could now be used as the infrastructure behind a new surge of fast-flux phishing attacks.

Credit: UK banks targeted by phishing attacks from silicon.com

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On the contrary, if vendors were forced to stand behind their products it should increase innovation. It would force more, and better , testing before hitting the sales floor, resulting in fewer updates and less downtime for the consumer. At present the EULA removes responsibility from the vendor, and moves it to the user, which is a step backward. Make the vendor responsibility for their code.

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