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Phishing Attacks Collect 70 Percent of Credentials Within the First Hour

April 17, 2017

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Have you ever been phished? Would you know the difference between a phishing website and your bank’s legitimate website? We all hope we could identify the difference between our financial institution’s domain and a phony one. However, statistics indicate that 30 percent of phishing emails are opened.

To make matters worse, more than 400,000 fraudulent sites were visited each month and more than 13,000 new phishing sites cropped up daily in 2016. Based on an internal study, IBM researchers determined that 70 percent of credentials are collected within the first hour of a phishing attack.

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