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29 May 2007

Phishing season still open in New Zealand

Angling may be over for the year down-under, but the phishers are active

Experts at Sophos, a world leader in IT security and control, have discovered an email phishing campaign aimed at Kiwibank, inviting New Zealand customers to perform routine "account maintenance" to ensure that the bank can "guarantee their money".

Phishing email
The phishing email claims to come from Kiwibank.

"According to Kiwi angling lore, the end of April is the time to pack away the rods and waders (it's the start of winter in New Zealand, don't forget) and to get out your shotgun for the duck hunting season, which begins in May," said Paul Ducklin, head of technology, Asia Pacific at Sophos. "Obviously, cybercriminals don't keep to the same schedule."

"The phishing email doesn't read like the sort of prose you would expect your bank to send," continued Ducklin. "And the link in the email leads off to a web server in the USA which is currently blocking downloads, so there seems to be little risk of customers getting caught out."

SophosLabsâ„¢ currently estimates that 70% of malicious webpages abused by phishers and malware spreaders are not directly associated with cybercriminals, but rather are legitimate sites which have been broken into and 'borrowed' for criminal activity.

"The website used in this phish appears, at first glance, to be the long-term legitimate website of a sole trader in Massachusetts, served out of a hosting company. That site is now widely blocklisted, and off the air. The genuine owner of the site is left to sort out the mess," explains Ducklin. "Computer security begins at home - consumers and small businesses should take advantage of the many security guidelines that are available online."

Sophos recommends companies defend their users with a consolidated solution to defend against the threats of viruses, spyware, hackers and spam.

About Sophos

More than 100 million users in 150 countries rely on Sophos as the best protection against complex threats and data loss. Sophos is committed to providing complete security solutions that are simple to deploy, manage, and use and that deliver the industry's lowest total cost of ownership. Sophos offers award-winning encryption, endpoint security, web, email, mobile and network security solutions backed by SophosLabs - a global network of threat intelligence centers.

Sophos is headquartered in Boston, US and Oxford, UK. More information is available at www.sophos.com.