The latest monthly report from managed security vendor MessageLabs noted that virus attacks, and particularly Trojan attacks, increased by a third month on month, in part due to the Bagel virus.

Meanwhile phishing reached its highest level of all time, after declining since January. MessageLabs logged over nine million phishing attacks in May, over three times the number in April.

"As the financial stakes increase, criminals have become much more familiar with the use of IT in the commission of these types of fraud and criminal activities," said Paul Wood, chief information security analyst at MessageLabs.

Read this full article at vnunet

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