Phishing is on the rise for several reasons-most fundamentally because it works. Phishing provides a robust ROI to the criminal gangs behind it, as barriers to entry have fallen and the “phishing-as-a-service” economy has evolved to lower costs and make it possible for even the non-technical aspiring criminal to get into the game. We also can't lose sight of the fact that phishing's primary distribution channel-email-is the easiest and only reliable way to reach business users directly. Cyren is uniquely positioned to observe, analyze, and halt phishing attacks as they happen.
In this updated phishing issue, we explore recent rends in phishing, provide insight into the mind of a phisher, and examine the lifecycle of a phishing site. To begin to stern the increasingly negative impact of phishing, companies must continue the shift to cloud-based security with the kind of real-time detection and blocking of suspected zero-hour phishing sites that Cyren's security cloud provides.