Phishing is an attempt by a third party to solicit confidential information from an individual, group, or organization by mimicking (spoofing) a specific, usually well known brand, usually for financial gain. Phishers attempt to trick users into disclosing personal data, such as credit card numbers, online banking credentials, and other sensitive information, which they may then use to commit fraudulent acts.
During the second half of 2007, the majority of brands targeted by phishing attacks were in the financial services sector, accounting for 80 percent. This is virtually unchanged from the 79 percent reported in the first half of 2007. The financial services sector also accounted for the highest volume of phishing Web sites during this period, at 66 percent, down slightly from 72 percent in the first half of 2007. Since most phishing activity pursues financial gain, successful attacks using brands in this sector are most likely to yield profitable data, such...