85% of global phishing domains linked to China

[News]

Chinese cyber-criminals are driving an uptick in malicious domain registration and account for the vast majority of the world’s phishing attacks, according to new stats from an industry body.

Chinese phishers were responsible for a massive 85% of domains registered for the sole purpose of lifting user credentials and PII, and are the main cause of “historically high levels” of malicious domain and subdomain registrations, according to the Global Phishing Survey: Trends and Domain Name Use report from The Anti Phishing Working Group.

Elsewhere, APWG claimed that Apple has now become the world’s “most phished brand” and that the introduction of new gTLDs, despite hysterical media coverage, has not led to a noticeable increase in phishing.

Full Article: http://www.infosecurity-magazine.com/news/china-85-of-global-phishing/

Source of attached graphs: http://docs.apwg.org/reports/APWG_Global_Phishing_Report_1H_2014.pdf