Security News > 2022 > April > How phishing attacks are spoofing credit unions to steal money and account credentials
How phishing attacks are spoofing credit unions to steal money and account credentials.
A report released Thursday by email security provider Avanan reveals how a new phishing campaign is taking advantage of credit unions to steal money and information.
Since February 2022, Avanan has seen a dramatic increase in phishing emails impersonating local credit unions.
Credit unions are especially vulnerable as many lack the proper email security to defend against phishing attacks, according to two studies from 2021, one from March and another from June.
Credit unions also typically rank higher than large banks for customer satisfaction, so members may be more likely to trust messages from their local credit unions.
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