PayPal and eBay biggest targets of email phishing

PayPal and eBay biggest targets of email phishing

Security company Sophos has said in a statement that eBay and PayPal happens to be the biggest targets of email spammers and phishing networks.

The company released its latest report on email spamming and it mentioned that three out of every four phishing attacks target users of eBay and its electronic payment system PayPal.

Sophos said that 54.3 percent of spam traps were aimed at PayPal users and 20.9 percent tried to dupe users of eBay.

Graham Cluley, senior technology consultant for Sophos spoke on their research: “The reason why the phishers focus so much on PayPal and eBay is because they are so popular around the world. Although bank customers do also suffer from phishing attacks, they tend to be less likely to have the global reach that these net giants have.”

However, this report is in total contrast to a similar study conducted by Anti-Phishing Working Group. Their data shows that 92 percent of phishing attacks in May were directed at brands and companies in the financial services sector.