Avalanche’ Group Linked to Fraud
Bank Info Security reports the same electronic crime syndicate behind two-thirds of the phishing attacks detected in the last half of 2009 has been linked to the recent rash of incidents targeting small and midsized businesses. “Avalanche” is the name given to the world’s most prolific phishing gang and to the infrastructure it uses to host phishing sites. And this is the group that has shifted additional resources to the creation of spoof sites and spam lures that distributed the very latest, most malignant Zeus variants, says Rod Rasmussen, co-author of the global phishing study released by the Anti-Phishing Working Group.
