50,000 fraud websites created each week

PandaLabs, from Panda Security, has found some interesting results about hackers and phishing. On average, about 57,000 new websites are created by hackers every week that claim to be related to about 375 major worldwide brand names. PandaLabs recently conducted an extensive survey that shows the surprising results.

One interesting statistic is that about 44 per cent of all malicious addresses on the internet have URLs that are related in some form to Western Union or eBay. Amazon, Visa, PayPal, and Bank of America are also commonly used when hackers are making URLs to try and trick internet users.

According to the results of the survey, most fake websites pretend to be associated with a bank, at 65 per cent. Over 27 per cent of fake websites target users of auction sites and online stores.

The survey found that eBay was the most targeted website on the internet. Websites for stockbrokers and investment funds were also targeted often, and government organizations are also targets of the hackers. PayPal, along with other e-commerce and payment websites are also often targeted, and ISPs take the last place in the survey for targeted websites.

The hackers who create these fake websites do so to trick users of the normal websites. They build websites that are similar or identical to the actual website, and have the URLs appear in search results and phishing campaigns. These websites either obtain personal information from the users, or infect the users with malicious malware.