Phishing Attacks Increasingly Focus on Social Networks, Studies Show | Article

From eWeek.

In a survey of some 9,000 software programs and scripts used for phishing published on June 25, security firm PhishLabs found that—while the brands of financial companies and e-payment services continued to be the most popular targets—social networking brands and email services were the focus of more than a third of phishing kits. 

While the phishing attacks that use fake social media sites and email services are not as sophisticated as those targeting the users of financial site, victims tend to be less concerned about their social media credentials, Don Jackson, director of threat intelligence for PhishLabs, told eWEEK.