Phishing Scams Increase 1,200% in 6 Months:
"Beware your email.

In the last six months, the number of phishing email scams has increased 1,200 percent, putting end users and major companies at an even greater risk, according to a report from MessageLabs Inc., a managed email security firm based in New York.

MessageLabs reports that last September its analysts had only seen 279 phishing emails. But that number had risen nearly 800-fold to 215,643. Phishing emails peaked in January with 337,050.… "

Phishing is the latest online scam financial scam. It's a con game based on posing.

Spammers send out millions of emails claiming to be from legitimate organizations, such as major U.S. banks or credit card companies. The spammers even fake the senders address so it appears to be from the company they're posing to be. The message in the email often says there is a problem with the recipient's account and it has been shut down. To reinstate the account, or deal with whatever fictional problem the email refers to, the user is instructed to click on a link that then takes them to a phony Web site.

The users are then led to what is often a perfect replica of the Web site that the spammer is pretending to be. At this point, the victim is asked to 'update' his personal security information, passwords, Social Security numbers, addresses and bank account information. The information is then used to siphon money out of the victim's bank account or to make financial transactions with their money.…

http://www.esecurityplanet.com/trends/article.php/3344141