Nov 20, 2006

How many Americans received phishing e-mails?

According to Gartner, approximately 109 mln US adults have received phishing e-mail attacks, up from 57 mln US adults in 2004. The average loss per victim has grown from $257 to $1,244 per victim in 2006.

The average amount of money consumers recovered from phishing attacks in 2005 was 80%, but in 2006, recovery amounts dropped to 54%. High-income adults earning more than $100,000 per year are more heavily attacked. This group reported receiving an average of 112 phishing e-mails in the past year versus 74 e-mails per consumers across all income brackets.

Do you know how "phishing" works?