Report: Growing wave of phishing attacks targets banking customers

The security firm NormShield found a double-digit rise in phony “phishing” domains targeting customers of large banks, a trend the financial services industry says it is countering thorough enhanced security and education efforts.

In a study of 50 major global financial institutions, NormShield found a 14 percent rise so far in 2019 of “potential phishing domains” aimed at bank customers, with 1,900 such domains registered through June.

“Cyber criminals are capable of mimicking actual promotions being run by financial...