India sees 54% of total phishing volume in APAC in 2013, says RSA report

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

RSA, the security division of EMC has revealed the Fraud report 2013. As per the report, India has emerged as the top nation in the APAC region in terms of phishing attack by volume closely followed by Australia and China. The estimated loss in India from phishing attacks stood at $225 million. Globally, the loss due to phishing attack was close-to $5.9 billion which is significantly higher than $1.5 billion loss in 2012. The total number of phishing attacks in 2013 stood at 448,126 as against 445,004 in the previous year.

Phishing Increase year-on-year from 2010 to 2013

The overall trend in the attack number showed a significant rise in volume through the year, reaching an all-time high in Q4 2013 (1,41,254).

Phishing growth by Quarter 2012/2013

The report further reveals that the phishing volumes will not drop considerably, though we may see a slight decline. The decline will be mainly due to growing adoption of email authentication, namely DMARC, which together with tighter policy should help in the reduction of phishing emails received by end-users. ......See More