Phishing gang dominates online devilment - PC World

A single group of attackers accounted for a quarter of all phishing in the first half of this year, according to a new study.

Called Avalanche, the gang started work late last year and has been increasing its activity since, according to a report by the Anti-Phishing Working Group. "This criminal operation is one of the most sophisticated and damaging on the Internet and targets vulnerable or non-responsive registrars and registries," the report says...