Stating the Obvious

August 5th, 2005

If you are in the business of phishing, you obviously are looking for money. Scam, business, money. So it comes as no surprise that 80% of phishing is targeted at financial institutions. That is where a lot of money is, eh?

If you threw Paypal into the mix (they hold money, pay interest, extend credit, but are not FDIC insured per se), I bet the number would climb ten more points!