Criminals offer phishing kits on the net for free

Malware authors are giving away phishing kits to fraudsters for free in return for financial information on victims, according to an RSA report.

Phishing kits are on the increase and are being given away for free by their authors, according to a new report.

The kits are being offered on underground forum-based websites, often for no money, to criminals to use in attacks against financial institutions. Code is frequently inserted into the kits, meaning that stolen personal information from victims is sent back to both the creator as well as the criminal sending out the phishing email.

According to the latest RSA report, this harvesting of stolen credentials is the main reason why the authors of the kits are so willing to give away their products rather than charge for them.

Of particular note are Man-in-the-Middle phishing attacks. According to the threat report's authors, the increase in the number of these threats correlates with a greater number of discussions held by criminals on forums about "curl attacks", which is the name give to such attacks by fraudsters.

Christopher Young, vice president of Consumer and Access Solutions Group at RSA said that as institutions put additional online security measures in place, inevitably the fraudsters are looking at new ways of duping innocent victims and stealing their information and assets.

"While these types of attacks are still considered 'next generation', we expect them to become more widespread over the course of the next 12-18 months," he said.

"We are working with many organisations to ensure they are positioned to withstand whatever threats fraudsters may create. Some of these organisations have already deployed various layers of protection and others are in the process of strengthening their security."

Featured Resources

The definitive guide to warehouse efficiency

Get your free guide to creating efficiencies in the warehouse

Free download

The total economic impact™ of Datto

Cost savings and business benefits of using Datto Integrated Solutions

Download now

Three-step guide to modern customer experience

Support the critical role CX plays in your business

Free download

Ransomware report

The global state of the channel

Download now

Most Popular

What are the pros and cons of AI?
machine learning

What are the pros and cons of AI?

8 Sep 2021
Google takes down map showing homes of 111,000 Guntrader customers
data breaches

Google takes down map showing homes of 111,000 Guntrader customers

2 Sep 2021
Intuit plans end-to-end SMB platform after $12 billion Mailchimp acquisition
mergers and acquisitions

Intuit plans end-to-end SMB platform after $12 billion Mailchimp acquisition

14 Sep 2021