There's good news about phishing: The growth of new attacks has slowed. But that's only because attackers are building more sophisticated traps and using advanced technology to perpetrate online fraud, researchers say.
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"Phishers are thieves, and thieves in the online world, as in the real world, are working very hard to separate personal financial information and other data from their victims," Microsoft attorney Aaron Kornblum said.
A very blunt and accurate statement to sum up phishing.