Phishing Attacks Still Haunt Banking Institutions: How Can Domain Reputation Checks Help?


Phishing attacks continue to post an upward trend. Over the years, phishers have improved their methods, using very convincing domains to bait victims into their schemes.

In fact, a 2019 phishing trends and intelligence report recorded a steady rise in the volume of phishing attacks. It stated that in 2018, for instance, the U.S. phishing activity grew by 40.9%, more than double the 2015 number. Unsurprisingly, 28.9% of these phishing attacks targeted financial institutions.

In this post, we looked at why banking institutions remain a top phishing target. Plus, we explored how they can avoid becoming part of phishing attacks through the use of Domain Reputation API.

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