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Fake Banks Abound On The Internet

Each week scammers create 57,000 new URLs.

The Spanish IT security company Panda Software has conducted an analysis of malicious Web addresses worldwide over the past three months. These are URLs that contain malicious code, which is created to spread viruses, worms and trojans, and to drain service users for personal information.

These fake URLs to mimic legitimate services addresses, and they positioned and indexed on leading search services with a view to trick users into clicking on them instead of the actual services. At times they come very high on the list of search results.


The survey reveals that the Panda every week laid out 57,000 fake URLs. These URLs concentrates on 375 different and high profile brands, such as misused to lure users. The leading brands are abused eBay, Western Union, Visa, Amazon, Bank of America, Paypal and U.S. tax authorities.

65 percent of the 57,000 fake URLs will be posted each week belongs to banks. The next most popular category of fraudsters is the online shops and online auctions.
Fun and games are surprisingly far down on the scammers list of priorities. The most abused game brand is World of Warcraft.

Technical Director Luis Corrons of PandaLabs said that the search services takes several measures to prevent fraudulent web addresses to score high on ranking algorithms, but that the amount of new and fake addresses is so overwhelming that it is difficult to keep up to date. He recommends that you get used to even enter the URL of the bank, shop, auction or payment Provider you wish to use, rather than leave it to a search service to suggest an URL.
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